Mortgage Applications Jump Nearly 10%

Homebuyers are clamoring to capitalize on the lowest interest rates in almost a year, driving mortgage application volume 9.9 percent higher. Mortgage applications leap nearly 10% on lowest rates.

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“Tuesday’s disappointing release of consumer confidence figures – the lowest reading in nearly. all applications..

Mortgage Apps Jump, Refi Share Widest in 8 Months. Market Composite Index climbs 10%. Sept. 13, 2017. By Mortgage Daily staff. After factoring in the Labor Day holiday, the volume of new home loan applications jumped last week.

Mortgage interest rates fell to the lowest level in four months, but that did nothing to spark activity in the mortgage market. Total mortgage application volume dropped 9.8 percent at the end of last week from two weeks earlier, according to the Mortgage Bankers Association’s seasonally adjusted index.

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Thanks to a huge jump. 10%. On an unadjusted basis, total volume increased 38% compared with the previous week. Applications for purchases increased 20% on an unadjusted basis, and were 10% higher.

 · Mortgage applications surged this week as forward-looking housing data continues to suggest a housing market rejuvenation in 2019.. led by a 47% jump in refinancing mortgages.. the 10-year.

 · Mortgage applications surged this week as forward-looking housing data continues to suggest a housing market rejuvenation in 2019.. led by a 47% jump in refinancing mortgages.. the 10.

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Applications for mortgages backed by the Veterans Affairs represented 10.3% of all applications, up from 9.7%, while applications for mortgages backed by the U.S. Department of Agriculture remained unchanged at 0.7%.

as refinances rebounded almost 10%,” Kan continued. “Meanwhile, purchase applications increased 2% over the prior week but were still 4% lower than two weeks ago – a sign that both the jump in.

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September 13, 2017 Comments Off on Mortgage Applications Jump Nearly 10% Posted To: mnd newswire homebuyers are clamoring to capitalize on the lowest interest rates in almost a year, driving total mortgage application volume 9.9 percent higher last week.

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