MBA: mortgage applications down 18.6% last week

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Mortgage application activity was virtually flat from one week earlier, down just 0.1%, although there was a huge gain in Federal Housing Administration refinance volume, according to the Mortgage Bankers Association.

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MBA Weekly Survey: Mortgage Applications rise 18.6% refinance activity jumps 39% as mortgage rates fall for the fourth week in a row.

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Mortgage application volume decreased 4.6% on a seasonally adjusted basis during the week ending Aug. 16, compared to one week earlier, according to the Mortgage Bankers Association’s (MBA) Weekly mortgage applications survey, which covers more than 75% of all U.S. retail residential mortgage applications.

Until last week, many economists were optimistic. 1.6% in June) Wednesday: MBA Mortgage Applications, week ended August 9.

The Purchase Index is also 7% higher than the same week one year ago. Moving higher after trending down for much of the year, the refinance share of mortgage activity increased to 46.7% of total.

Mortgage applications fell 1.4% on a seasonally-adjusted basis for the week ending July 26th, 2019, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey.

Mortgage applications in the united states decreased 1.4 percent in the week ended july 26th of 2019, following a 1.9 percent fall in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home declined 3 percent while refinance applications edged up 0.1 percent.

MBA: New home purchase applications slip back down The Mortgage Bankers Association (MBA. of new home sales was down in June after two of the strongest months in the survey’s history dating back to 2013, but remained higher than a year ago. The.

Mortgage Application Activity Down for Third Consecutive Week. The adjusted Purchase Index has declined an aggregate of 9 percentage points over the last three weeks, reflecting the recent softening of both new and existing home sales. The unadjusted purchase index remains 1 percent higher than during the same week in 2017.

From the MBA: Mortgage Applications Decrease Over. Weekly Mortgage Applications Survey for the week. According to the MBA, purchase activity is down 6%.

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The refinance share of mortgage activity declined to 39.1% of total applications, down from. to 10.1% from 9.8% last week. The Department of Agriculture share of total applications held its ground.

Mortgage applications rose by 1.3% on a seasonally-adjusted basis for the week ending June 21st, 2019, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. On an unadjusted basis, the Market Composite Index, a measure of mortgage loan application volume, rose by 1% over the previous week.