Posts Tagged ‘index report’

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Refis Rise Again Despite Purchase Slump

Inquiries for purchase loans fell 2 percent from last week in the Mortgage Market Index report. But refinances climbed 12 percent over the past seven days. Refinances were even 13 percent stronger than the year-earlier week. View full post on Mortgage Stories

Refis Down More than a Quarter

Refinance inquiries dropped 27 percent over the past seven days, according to the U.S. Mortgage Market Index report. Refinance business was 21 percent lower than last year at this time. The refinance share was 65 percent, down from 71 percent last week. View full post on Mortgage Stories

High-Producing Wells Office Closed after Internal Review

Mortgage inquiries for the week ended Aug. 26 were down 19 percent from last Friday. It was the second week in a row that business declined. The findings were outlined in the U.S. Mortgage Market Index report from Mortech Inc. and Mortgage Daily . View full post on Mortgage Stories

Big Improvement in Jumbo Spread as Refis Retreat

Refinances fell 13 percent from the prior week in the U.S. Mortgage Market Index report for the week ended July 22. The jumbo 30-year fell 6 BPS from the last week. The movement cut the jumbo-conforming spread to 41 BPS from 47 BPS a week ago. View full post on Mortgage Stories