MBA: Mortgage applications rise again, but how long will this growth last?

MBA: Mortgage applications rise again, but how long will this growth last? Although mortgage applications slightly rose for the week ending May 17, 2019, ongoing trade concerns could be hindering growth, according to the MBA.

After dipping slightly last week, mortgage rates are on the rise again. According to Freddie Mac’s Primary Mortgage Market Survey, the average rate for a 30-year fixed rate mortgage averaged 4.57% for the week ending Sept. 5. That’s an increase of 0.7 percentage points from last week, when the rate.

MBA: Mortgage applications rise again, but how long will this growth last? Although mortgage applications slightly rose for the week ending May 17, 2019, ongoing trade concerns could be hindering growth, according to the MBA.

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MBA: Mortgage applications rise again, but how long will this growth last? Although mortgage applications slightly rose for the week ending May 17, 2019, ongoing trade concerns could be hindering potential growth, according to the.

Average mortgage rates are on the rise again, according to Freddie Mac’s latest primary mortgage market survey (pmms). The 30-year fixed-rate mortgage (frm) averaged 3.99 percent for the week ending Jan. 11, up from last week when it averaged 3.95 percent.

The movement of long-term bonds tends to be one of the best indicators of where mortgage rates are. week,” said Joel Kan, an MBA economist. “purchase applications also saw the strongest.

Mortgage rates were on the rise again to pin back refinance applications and overall loan sizes. Purchasing activity hit a 9-year high. U.S Mortgages – Rate Rises Hit Refinance Applications

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The refinance share of mortgage activity accounted for 63.1 percent of all applications. “Last week, mortgage rates increased to their highest level since June,” said David Stevens, MBA’s president.