Ar_home_b_search
 



refi: Mortgage Bankers Weekly Survey: Mortgage Applications Increase - 06/16/11 07:51 PM
 
Mortgage Bankers Association for the week of 6/15/2010 Fixed rate mortgages are changed little this week, the 30-year fixed-rate mortgage inching up to 4.5% from last week’s 4.49% average rate. The MBAA reports their  Market Composite Index:Loan application volume increased 13% over last weeks number. Their Refinance Index: increased 16.5 percent from the previous week and made of the bulk of mortgage activity this week.However,  Mortgage applications decreased 4% from one week earlier, according to data from the Mortgage Bankers Associations Weekly Mortgage The MBAA reports their  Purchase Index  increased 4.5 percent from one week earlier, a slight uptick in purchase volume.Key to better numbers is growth, especially job growth. … (0 comments)

refi: Mortgage Bankers Weekly Decrease in Latest MBA Weekly Survey - 05/05/11 10:22 PM
… (0 comments)

refi: Mortgage Bankers Weekly Decrease in Latest MBA Weekly Survey - 04/28/11 08:19 PM
Mortgage Bankers Association for the week of 4/27/2010 Market Composite Index: (loan application volume) a measure of mortgage loan application volumedecreased 5.6 percent from one week earlierRefinance Index: Refinance Index decreased 0.6 percent from the previous week.  The seasonally adjusted Purchase Index decreased 13.6 percent to its lowest level since February 25, 2011, driven by a 26.6 percent decrease in government purchase applications. Purchase Index: decreased 12.8 percent compared with the previous week and was 28.8 percent lower than the same week one year ago. Refinance Share of Mortgage Activity: increased to 61.6 percent of total applications from 58.5 percent the previous week. This is the highest refinance share of the … (0 comments)

refi: Freddie Mac Weekly Update: 30-Year Fixed-Rate Mortgage Drops to 5 Percent - 02/17/11 04:29 PM
 
30-year fixed-rate mortgage: A veraged 5.0 percent with an average 0.7 point for the week ending February 17, 2011, down from last week when it averaged 5.05 percent. Last year at this time, the 30-year FRM averaged 4.93 percent. The 15-year fixed-rate mortgage: Averaged 4.27 percent with an average 0.7 point, down from last week when it averaged 4.29 percent. A year ago at this time, the 15-year FRM averaged 4.33 percent. Five-year indexed hybrid adjustable-rate mortgages ARMs: Averaged 3.87 percent this week, with an average 0.6 point, down from last week when it averaged 3.92 percent. A year ago, … (0 comments)

refi: Freddie Mac Weekly Update: 30-Year Fixed Rate Mortgags Rise to 5.05% Highest Level Since April 2010 - 02/10/11 02:49 PM
30-year fixed-rate mortgage: Averaged 5.05 percent with an average 0.7 point for the week ending February 10, 2011, up from last week when it averaged 4.81 percent. Last year at this time, the 30-year FRM averaged 4.97 percent. The 15-year fixed-rate mortgage: Averaged 4.29 percent with an average 0.7 point, up from last week when it averaged 4.08 percent. A year ago at this time, the 15-year FRM averaged 4.34 percent. Five-year indexed hybrid adjustable-rate mortgages ARMs: Averaged 3.92 percent this week, with an average 0.6 point, up from last week when it averaged 3.69 percent. A year ago, the 5-year … (0 comments)

refi: Mortgage Bankers Weekly Update: Applications Decrease - 01/27/11 06:58 PM
Mortgage Bankers Association for the week of  01/26/2010 Market Composite Index:(loan application volume)     A  measure of mortgage loan application volume, decreased 12.9 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index decreased 12.0 percent compared with the previous week. The results do not include an adjustment for the Martin Luther King holiday.Refinance Index: decreased 15.3 percent from the previous week and reached its lowest level since January 2010.Purchase Index:  decreased 8.7 percent from one week earlier. The Purchase Index is at its lowest level since October 2010.  The unadjusted Purchase Index decreased 3.1 percent compared with the previous … (0 comments)

refi: Freddie Mac Weekly Update: Long and Short- Term Mortgages Drop This Week - 01/13/11 10:02 PM
 
30-year fixed-rate mortgage: Averaged 4.77 percent with an average 0.8 point for the week ending January 6, 2011, down from last week when it averaged 4.86 percent. Last year at this time, the 30-year FRM averaged 5.09 percent. The 15-year fixed-rate mortgage: Averaged 4.13 percent with an average 0.8 point, down from last week when it averaged 4.20 percent. A year ago at this time, the 15-year FRM averaged 4.50 percent. Five-year indexed hybrid adjustable-rate mortgages ARMs: Averaged 3.75 percent this week, with an average 0.7 point, down from last week when it averaged 3.77 percent. A year ago, the … (0 comments)

refi: Freddie Mac Weekly Update: Bond Yields Rise and So Do Mortgage Rates - 12/09/10 09:29 PM
 
30-year fixed-rate mortgage: Averaged 4.61 percent with an average 0.7 point for the week ending December 9, 2010, up from last week when it averaged 4.46 percent. Last year at this time, the 30-year FRM averaged 4.81 percent. The 15-year fixed-rate mortgage: Averaged 3.96 percent with an average 0.7 point, up from last week when it averaged 3.81 percent. A year ago at this time, the 15-year FRM averaged 4.32 percent. . Five-year indexed hybrid adjustable-rate mortgages ARMs: Averaged 3.60 percent this week, with an average 0.6 point, up from last week when it averaged 3.49 percent. A year ago, … (0 comments)

refi: Freddie Mac Weekly Mortgage Update: Mortgage Rates Relatively Flat This Week - 11/04/10 06:19 PM
 
30-year fixed-rate mortgage: Averaged 4.24 percent with an average 0.8 point for the week ending November 4, 2010, up slightly from last week when it averaged 4.23 percent.  Last year at this time, the 30-year FRM averaged 4.98 percent. The 15-year fixed-rate mortgage: Averaged 3.63 percent with an average 0.7 point, down from last week when it averaged 3.66 percent. A year ago at this time, the 15-year FRM averaged 4.40 percent. Five-year indexed hybrid adjustable-rate mortgages ARMs: Averaged 3.39 percent this week, with an average 0.6 point , down from last week when it averaged 3.41 percent. A year … (0 comments)

refi: Mortgage Bankers Weekly Update: Mortgage Applications Increase - 10/31/10 04:00 PM
Mortgage Bankers Association for the week of  10/27/2010 Market Composite Index:(loan application volume)    increased 3.2 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index increased 3.1 percent compared with the previous week. Refinance Index: increased 3.0 percent from the previous week.  The seasonally adjusted Purchase Index increased 3.9 percent from one week earlier. The unadjusted Purchase Index increased 3.5 percent compared with the previous week and was 30.3 percent lower than the same week one year ago. Purchase Index: The four week moving average is down 0.7 percent for the seasonally adjusted Purchase IndexRefinance Share of Mortgage Activity: decreased to 82.3 percent of … (0 comments)

refi: Freddie Mac Weekly Mortgage Update: Rates Continue to Fall - 10/17/10 11:38 PM
 
30-year fixed-rate mortgage: Averaged 4.27 percent with an average 0.8 point for the week ending October 7, 2010, down from last week when it averaged 4.32 percent. Last year at this time, the 30-year FRM averaged 4.87 percent. The 15-year fixed-rate mortgage: Averaged a record low of 3.72 percent with an average 0.7 point, down from last week when it averaged 3.75 percent. A year ago at this time, the 15-year FRM averaged 4.33 percent. Five-year indexed hybrid adjustable-rate mortgages ARMs: Averaged 3.47 percent this week, with an average 0.6 point, down from last week when it averaged 3.52 percent. … (2 comments)

refi: Mortgage Bankers Weekly Update: Refinance Applications Jump as Rates Continue to Fall - 10/17/10 11:32 PM
 
Mortgage Bankers Association for the week of  10/13/2010
Market Composite Index: (loan application volume)     increased 14.6 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index increased 14.8 percent compared with the previous week. Refinance Index: increased 21.0 percent from the previous week.  The seasonally adjusted Purchase Index decreased 8.5 percent from one week earlier. The unadjusted Purchase Index decreased 8.3 percent compared with the previous week and was 37.1 percent lower than the same week one year ago. Purchase Index:  Purchase activity remains generally weak, but applications for conventional purchase … (0 comments)

refi: Mortgage Bankers Weekly Update: Refinance Applications Fall Slightly - 09/09/10 05:38 PM
Mortgage Bankers Association for the week of  09/08/2010
Market Composite Index: (loan application volume)     decreased 1.5 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index decreased 1.9 percent compared with the previous week . Refinance Index: decreased 3.1 percent from the previous week Purchase Index:  increased 6.3 percent from one week earlier.   Refinance Share of Mortgage Activity: decreased to 81.9 percent of total applications from 82.9 percent the previous week. Arm Share: activity remained unchanged at 6.1 percent of total applications from the previous week. MBA outlook: (Excerpted from mbaa.org) … (0 comments)

refi: Freddie Mac Weekly Mortgage Update: Mortgage Rates to Once Again Set New Record Lows - 09/09/10 04:52 PM
 
 
30-year fixed-rate mortgage: Averaged 4.32 percent with an average 0.7 point for the week ending September 2, 2010, down from last week when it averaged 4.36 percent. Last year at this time, the 30-year FRM averaged 5.08 percent. The 15-year fixed-rate mortgage: Average 0.6 point, down from last week when it averaged 3.86 percent. A year ago at this time, the 15-year FRM averaged 4.54 percent. Five-year indexed hybrid adjustable-rate mortgages ARMs: Averaged 3.54 percent this week, with an average 0.6 point, down from last week when it averaged 3.56 percent. A year ago, the 5-year ARM averaged 4.59 … (0 comments)

refi: Mortgage Bankers Weekly Update: Refinance Applications Fall Slightly - 09/09/10 04:44 PM
Mortgage Bankers Association for the week of  09/08/2010
Market Composite Index: (loan application volume)     decreased 1.5 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index decreased 1.9 percent compared with the previous week . Refinance Index: decreased 3.1 percent from the previous week Purchase Index:  increased 6.3 percent from one week earlier.   Refinance Share of Mortgage Activity: decreased to 81.9 percent of total applications from 82.9 percent the previous week. Arm Share: activity remained unchanged at 6.1 percent of total applications from the previous week. MBA outlook: (Excerpted from mbaa.org) … (0 comments)

refi: FHA Offers Short Refi Program For Underwater Homeowners - 09/07/10 05:39 PM
FHA Offers Short Refi Program For Underwater Homeowners In an effort to help responsible homeowners who owe more on their mortgage than the value of their property HUD adjusted its refinance program.  The changes will enable lenders to provide additional refinancing options to underwater homeowners. see chart Starting September 7, 2010, FHA will offer some underwater non FHA borrowers the opportunity to qualify for a new FHA insured mortgage. Designed to meet its goal of stabilizing housing markets, by helping 3 to 4 million homeowners through 2012. FHA provided some guidance   Participation in FHA's refinance program is voluntary and requires … (3 comments)

refi: Freddie Mac Weekly Mortgage Update: Long-Term Mortgage Rates Fall for the Ninth Week Out of Ten - 08/26/10 09:00 PM
30-year fixed-rate mortgage: Averaged 4.36 percent with an average 0.7 point for the week ending August 26, 2010, down from last week when it averaged 4.42 percent. Last year at this time, the 30-year FRM averaged 5.14 percent. The 15-year fixed-rate mortgage: Averaged a record low of 3.86 percent with an average 0.6 point, down from last week when it averaged 3.90 percent. A year ago at this time, the 15-year FRM averaged 4.58 percent. Five-year indexed hybrid adjustable-rate mortgages ARMs: Averaged 3.56 percent this week, with an average 0.6 point, unchanged from last week when it also averaged 3.56 percent. … (1 comments)

refi: Freddie Mac Weekly Mortgage Update: 30-Year, Mortgages Continue to Inch Downward - 08/21/10 04:15 PM
30-year fixed-rate mortgage: Averaged 4.42 percent with an average 0.7 point for the week ending August 19, 2010, down from last week when it averaged 4.44 percent. Last year at this time, the 30-year FRM averaged 5.12 percent. The 15-year fixed-rate mortgage: Averaged a record low of 3.90 percent with an average 0.6 point, down from last week when it averaged 3.92 percent. A year ago at this time, the 15-year FRM averaged 4.56 percent. Five-year indexed hybrid adjustable-rate mortgages ARMs: Averaged 3.56 percent this week, with an average 0.6 point, unchanged from last week when it also averaged 3.56 percent. … (0 comments)

refi: Mortgage Bankers Weekly Update: Refinance Activity Increases to Highest Level Since May 2009 - 08/21/10 03:58 PM
Mortgage Bankers Association for the week of  08/18/2010
Market Composite Index: (loan application volume)   increased 13.0 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index increased 12.4 percent compared with the previous week. Refinance Index:  increased 17.1 percent from the previous week and was the highest Refinance Index observed in the survey since the week ending May 15, 2009 Purchase Index: decreased 3.4 percent from one week earlier. Refinance Share of Mortgage Activity: increased to 81.4 percent of total applications from 78.1 percent the previous week, which is the highest refinance share … (0 comments)

refi: Mortgage Bankers Weekly Update: Essentially Unchanged Despite Lowest Rates - 08/12/10 07:20 PM
Mortgage Bankers Association for the week of  08/11/2010 Market Composite Index: (loan application volume) increased 0.6 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index increased 0.4 percent compared with the previous week. Refinance Index:  increased 0.6 percent from the previous week and the seasonally adjusted Purchase Index increased 0.3 percent from one week earlier. Purchase Index: decreased 0.3 percent compared with the previous week and was 34.1 percent lower than the same week one year ago. Refinance Share of Mortgage Activity: increased to 78.1 percent of total applications from 78.0 percent the previous … (0 comments)