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Mortgage Interest Rates Inch Back up Slightly

Home Loan Applications Increase 5.7 Percent Last Week – second consecutive week of increased home buyer activity

Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending March 5, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home [...]

Mortgage Interest Rates Drop Back Below 5 Percent

Home Loan Applications Jump 11.7 Percent Last Week after decreasing two prior weeks

Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending February 26, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 11.7 percent [...]

Mortgage Loan Rates Remain Low - Fewer Home Buyers Taking Advantage

Home Loan Applications Drop 4.0 Percent Last Week.

Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending February 12, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 4.0 percent from the week before and [...]

30 Year Mortgage Interest Rates Drop Below 5 Percent

Home Loan Applications Drop 7.0 Percent Last Week.

Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending February 5, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 7.0 percent from the week before and [...]

Mortgage Interest Rates Hold Steady-Loan Applications Jump Over 20 Percent

Home Loan Applications Jump 21.0 Percent Last Week.

Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending January 29, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 21.0 percent from the week before and [...]

Mortgage Loan Interest rates remain fairly steady

Fewer Home-buyers applying for loans in past week

Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending January 22, 2010. The report showed the

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Mortgage interest rates drop slightly-Mortgage applications increase

Home-buyers mortgage activity increases from week before…down from a month ago though

Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending January 8, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 14.3 percent from [...]

Mortgage interest rates creep up slightly

Home-buyers mortgage activity dropping…refinances make up 3/4 of all new mortgages.

Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending December 11, 2009. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 3.6 percent from the week [...]

30-Year Mortgage Interest Rates Match All Time Low This Week

15-Year FRM Drops to Set Another New Low in Freddie Mac Survey History

McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 4.78 percent with an average 0.7 point for the week ending November 25, 2009, down from last [...]

MBA's Purchase Index for mortgages drops again; Now at lowest level in 12 years

Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending November 13, 2009. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 4.7 percent from the week before making six-consecutive weeks of decreases and bringing the [...]

MBA's Purchase Index for mortgages drops to lowest level in almost 9 years

Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending November 6, 2009. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 11.7 percent from the week before, bringing it to it’s lowest level since December [...]

Interest rates drop back below 5 percent; Home loan applications decrease

Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending October30, 2009. The report showed an decrease of 1.8 percent in mortgage loan applications for a home purchase from the week before in spite of the fact interest rates slipped back below 5 percent again on a 30-year [...]

Mortgage Interest Rates drop slightly; Applications for home purchase drops 5.2 percent

Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending October 23, 2009. The report showed an decrease of 5.2 percent in mortgage loan applications for a home purchase from the week as interest rates moved ever so slightly downward.

For the past four weeks mortgage applications for home [...]

Interest rates increase; loan apps drop 16.7 percent

Dennis Norman

By: Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending October 16, 2009. The report showed an decrease of 16.7 percent in mortgage loan applications for a home purchase from the week as interest rates inched back above 5 percent for the second week in a [...]

Interest rate inch up over 5 percent; Loan apps drop

Dennis Norman

By: Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending October 9, 2009. The report showed an increase of 1.8 percent in mortgage loan applications from the week as interest rates inched back above 5 percent for the first time in four weeks.

Refi’s continue to dominate [...]

Mortgage interest rates on 30 year loan stay below 5 percent for third consecutive week

Dennis Norman

By: Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending October 2, 2009. The report showed an increase of 16.4 percent in mortgage loan applications from the week before fueled by interest rates remaing below 5 percent.

Unfortunately interest rates seem to be doing more for existing [...]

Interest rates drop below 5 percent for 30 year fixed rate loan; applications increase

Dennis Norman

By: Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending September 18, 2009. The report showed an increase of 12.8 percent in mortgage loan applications from the week before fueled by interest rates dropping below 5 percent for the first time since mid-May.

Unfortunately for real estate [...]

Interest rates drop for 3rd consecutive week; remain at 3-month low

Dennis Norman

By: Dennis Norman

According to Freddie Macs weekly mortgage market survey the interest rate on home mortgages dropped for the third-consecutive week and remains at a three-month low. The survey shows the interest rate on a 30 year fixed rate mortgage for the week ending September 17, 2009, averaged 5.04 percent with 0.7 percent [...]

Mortgage applications and interest rates increase

Dennis Norman

By: Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending August 21, 2009.  The Market Composite Index, a measure of mortgage loan application volume, increased 7.5 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index increased 6.3 percent compared [...]

Interest rates drop to three month low

Dennis Norman

According to Freddie Macs weekly mortgage market survey the interest rate on home mortgages dropped to a new three-month low. The survey shows the interest rate on a 30 year fixed rate mortgage averaging 5.12 percent with 0.7 percent in fees and points this week, down from 5.29 percent last week. Last year [...]

Rates on fixed-rate mortgages increase this week

Dennis Norman

According to Freddie Macs weekly mortgage market survey mortgage rates increased slightly this week from the prior week. The survey shows 30 year fixed rate mortgages averaging 5.20% with 0.7% in fees and points, up from 5.14% the week before. Last year at this time, the 30 year rate averaged 6.63%.

Rates on 15 [...]