Mortgage applications jump 21.7% on refinancing activity

 · Mortgage Applications;. cooling of rate refinance activity, a 2-percentage point jump in the 30-year rate that occurred from the third to the fourth quarter in 1994. The dollar volume of.

U.S. mortgage applications jump to highest since September 2016: MBA – U.S. mortgage applications jumped to their highest level in more than 2-1/2 years last week, led by a surge in refinancing activity, as some home borrowing costs tumbled to their cheapest level since.

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Mortgage applications jump:. its seasonally adjusted index of mortgage application activity increased 7.3 percent to 706.4 in the week ended jan. 28, after decreasing 3.6 percent in the MBA’s.

 · Not surprisingly, mortgage applications jumped. Applications for a new mortgage rose by 3.3% for the week ending September 1. An index of refinancing activity.

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 · U.S. mortgage applications jumped to their highest level in more than 2-1/2 years last week, led by a surge in refinancing activity, as some home borrowing costs.

Refinancing activity leads big jump in mortgage applications. Please Sign In and use this article’s on page print button to print this article.

(Reuters) – U.S. mortgage applications jumped to their highest level in more than 2-1/2 years last week, led by a surge in refinancing activity, as some home borrowing costs tumbled to their cheapest level since September 2017, the Mortgage Bankers Association said on Wednesday.

 · Mortgage applications increased 9.2% for the week. Experts at the Mortgage Bankers Association claim. said HARP had nothing to do with the most recent jump in refinancing activity.

MBA’s seasonally adjusted index on mortgage refinancing activity rose 5.1 percent to 1,502.6 in the week ended Sept. 1. This was the strongest since 1,526.8 in the week of June 16. The share of refinancing requests versus total applications grew to 50.9 percent, the biggest since January 2017, from 49.4 percent a week ago.

Purchase activity drives jump in mortgage apps June 11, 2015 WASHINGTON (6/11/15)–After more than a month of declining activity, mortgage applications perked up for the week ending June 5, as the Mortgage Bankers Association’s weekly mortgage applications survey index surged by 8.4% ( Economy.com June 10).

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 · While refinances also increased on a holiday-adjusted basis, refinance activity was down 38 percent relative to a year ago when rates dove below 4 percent," Fisher continued. The refinance share of mortgage activity increased to 55.8 percent of total applications.