Mortgage applications fall on declining refinance activity

Mortgage Applications: Decline in Purchases Offset by Refinance Gains.. and the share of applications that were for refinancing regained some ground after retreating during the previous three.

Mortgage Applications Decline As Refinance Activity Hits Lowest Level Since 2008 December 27, 2013 Nick Siebert Dt rld Tud b th Mrtgg Bnkr Atn rvld tht U.S. hm mrtgg ltn wr dwn fr th nd trght wk, rhng 13-r.

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 · The refinance share of mortgage activity fell again, continuing to drop past its lowest level since sept. 2008.. mba: refinance applications continue to decline Refi applications fall.

The refinance share of mortgage activity decreased to 39.4% of total applications from 41.5% the previous week. The adjustable-rate mortgage (ARM) share of activity decreased to 6.4% of total.

Mortgage Applications Rise as Loan Rates Fall; The Washington-based group’s seasonally adjusted index on mortgage activity increased 1.3% to 518.7 in the week ended june 21, propelled by a 3.2% rise in refinancing activity.

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Refinance activity fell 5 percent compared to the previous week, while purchase activity declined 2 percent.. Mortgage Applications Fall by 4.5%.. taking an 81 percent share of total.

With mortgage rates continuing to decrease, refinancing activity could increase as existing homeowners aim to take advantage of low rates and save money on interest. Refinancing applications up A gain in refinancing applications suggests that mortgage refinance rates are favorable for current homeowners.

Mortgage applications decline on weaker refinance activity. Mortgage applications declined for the second week in a row after refinance activity dropped sharply on rising rates, the Mortgage Bankers Association (MBA) reported Wednesday. Applications were off 4.6 percent driven by an 8 percent decline in refinance applications.

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Mortgage application. May’s more than 1 percent decline, as the average home appraised 0.56 percent higher in June. Year-over-year, the average home increased in value by 4.78 percent. “The.

Housing Bubble 2.0 - ReFi Resurge - Zillow Zillion Zone - Facebook Fakes Friendly - Sell Soon Sucka Though mortgage lending was up a big 38% from 2011, there will still thousands of declined mortgage applications. In fact, the top mortgage lender in the United States, Wells Fargo, denied 84,687 of the 399,911 home purchase applications it received (21.2% rejection rate), including those that were pre-approved, according to a Marketwatch analysis.