Mortgage applications fall on declining refinance activity

UPDATE 1-U.S. mortgage applications fall from 33-month high. Reuters. June 19, 2019. Reblog. Share.. The refinance share of mortgage activity grew to 50.2% of total applications from 49.8% the.

Mortgage Applications Fall as Interest Rates Rise. Weekly Mortgage Applications Survey. Refinancing prompted 80.0 percent of mortgage applications received during the week compared to 81.

“Part of the decline in mortgage applications was possibly because of the government shutdown, as concerns over delays in FHA application processing times likely contributed to the weakness in.

U.S. mortgage applications edged up last week, led by a jump in requests for refinancing, as home borrowing costs fell to their lowest levels in nearly 17 months on worries about trade tensions.

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Mortgage application. for rates to fall even further. Other mortgage rates in our survey were unchanged or slightly higher than in the previous week.” The refinance share of mortgage activity.

Mortgage application activity was on the decline, while homeowner perceptions of their residential property values improved, according to two new data reports. The Mortgage Bankers Association (MBA) reported that its Market Composite Index decreased 2.4 percent on a seasonally adjusted basis from.

U.S. mortgage applications fall on higher rates, storms: MBA. The group’s seasonally adjusted index on mortgage refinancing activity retreated from a near nine-month peak, falling 8.5 percent.

Mortgage applications. over-year decline in purchase activity since August,” MBA AVP of Economic and Industry Forecasts Joel Kan said. On an unadjusted basis, the Mortgage Composite index retreated.

Mortgage applications fall 2.4% as purchases, refinances decline Mortgage applications fall 6.7% on declining government loans Refinance activity hits 3-year high, mortgage applications edge up