Climbing mortgage rates have slowed demand for refinance applications, while purchase applications remain strong moving into the spring season, according to the Mortgage Bankers Association. …
Posts published in “USDA home loans”
Mortgage applications and refinance applications increased during the week ending Dec. 11, 2020, according to the Mortgage Bankers Association’s weekly survey. Source: Inman News
The market composite index, which measures mortgage loan application volume, increased by 2.9 percent on a seasonally adjusted basis. Source: Inman News
The decline in loan application activity may be a result of rising coronavirus cases in many states, as well as the delay of a new…
Refinance rates increased by 0.4 percent week over week and 111 percent year over year, according to data from the Mortgage Bankers Association. Source: Inman…
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began…