MBA: Refinance once again drives mortgage applications

WASHINGTON, D.C. (August 14, 2019) – Mortgage applications increased 21.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 9, 2019. The Market Composite Index, a measure of mortgage loan application volume, increased 21.7 percent on a seasonally adjusted basis from one week earlier.

Mortgage application volume jumped 8.9 percent last week, according to the Mortgage Bankers Association. The average rate for 30-year fixed-rate mortgages decreased to 4.45 percent from 4.55.

Mortgage loan rates dipped again last week leading to an increase in new mortgage loan applications.. on all five types of loans the MBA tracks.. Mortgage rates declined once again, as.

"Mortgage rates declined once again, as concerns about the slowing global economy and status of Brexit continued to drive investors’ demand for U.S. Treasuries, ultimately pushing yields lower," says Joel Kan, associate vice president of economic and industry forecasting for the MBA, in a statement.

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MBA’s Refinance Index jumped 37% last week. Login. News.. once again pulled U.S. Treasury rates lower. The 30-year fixed mortgage rate decreased eight basis points to 3.93 percent – the.

The Refinance. to the markets. Mortgage rates increased for the 1 st time since the week of July 12 th, however. In spite.

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This morning I find myself in Pittsburgh, PA for the MBA of Southwest. Michael McFadden to drive strategy and capitalize on its strong demand. Be sure to check out the company at this year’s MBA.

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From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 1.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 15, 2019.. The Refinance Index increased 4 percent from the previous week.

Mortgage applications rose for the fifth time in six weeks, as key interest rates fell by 11 basis points and average loan application size at a record for the third straight week, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending March 15.