This move pushed U.S. 30-year yields to record lows a week ago. MBA’s seasonally adjusted index on home refinancing fell 7.0% to 2,367.2 last week. It was 152% higher than a year ago.
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Mortgage application volume plummeted 10.1% on an adjusted basis during the week ended Sept. 20, as the average rate for a 30-year fixed rate mortgage increased slightly to 4.02%, up from 4.01% the previous week, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey.
NEW YORK, Aug 28 (Reuters) – U.S. mortgage applications recorded their biggest weekly drop in over four months as home borrowing costs posted their first broad increase in six weeks, the Mortgage.
Mortgage applications in the United States dropped 10.1 percent in the week ended September 20th 2019, following a 0.1 percent fall in the previous week, data from the Mortgage Bankers Association showed. It was the biggest decline since the week ended July 22nd 2016, as refinance applications went down 15.2 percent and applications to purchase a home fell 3.1 percent.
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U.S. mortgage applications to buy a home and to refinance one rose in early September as most home borrowing costs fell with some 30-year rates hitting their lowest levels since late 2016, the Mortgage Bankers Association said on Wednesday. The Washington-based group’s seasonally adjusted measure on mortgage activity gained 2.0% to 569.8 in the week.
NEW YORK (Reuters) – U.S. mortgage applications to buy a home and to refinance one recorded their steepest weekly decline in four months as some mortgage rates increased to one-month highs, in step with higher bond yields, the Mortgage Bankers Association said on Wednesday.
United States MBA Mortgage Applications 2007-2018 | Data | Chart. The average fixed 30-year mortgage rate was steady at 4.81 percent. Mortgage Applications in the united states averaged 0.42 percent from 2007 until 2018, reaching an all time high of 49.10 percent in January of 2015 and a record low of -38.80 percent in January of 2009.
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(Reuters) – U.S. mortgage applications to buy a home or to refinance one fell for a third straight week as borrowers’ worries about trade tensions offset a decline in some home borrowing costs, the.
“Unwelcome news about Chinese trade officials cutting short a trip to the U.S. applications. “Slightly higher mortgage.