Application volume is flat as refinance activity slows

Application volume is flat as refinance activity slows

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Refinance Volume Continued to Slow in Fourth Quarter. – – The Federal Housing Finance Agency (FHFA) today reported that 13,220 borrowers refinanced their mortgages through the Home Affordable Refinance Program (HARP) from October through December. FHFA’s fourth quarter Refinance Report also shows that total refinance volume fell in December, as mortgage interest rates increased. Total HARP.

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Mortgage application volume declined during the week ended May 24, more than reversing a 2.4 percent increase a week earlier. Both refinancing and purchase activity moved lower.

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Bolstered by a week-to-week drop in interest rates, mortgage loan application volume jumped 7.6 percent for[IMAGE] the week ending July 16, 2010, DSNews The homepage of the servicing industry.

Total mortgage application volume increased 2.8 percent on a seasonally adjusted basis from the previous week, according to the Mortgage Bankers Association. The rise came primarily from applications.

Total mortgage application volume increased. the level of activity observed throughout most of April and May," said Lynn Fisher, MBA vice president of research and economics. Applications to.

According to the Mortgage Bankers Association’s weekly applications survey, average mortgage rates rose last week from the week before. Rates were up across all loan categories, including 30-year fixed-rate mortgages with both conforming and jumbo balances, loans backed by the Federal Housing Administration, and 15-year fixed-rate loans.

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The market composite index – a measure of total loan application volume – fell 2.1 percent from the previous week. The refinance. mortgage market activity did not change much last week with.

The market composite index – a measure of total loan application volume. economist. “refinance applications, however, were flat over the week, held up by an increase in VA refinances.” More Real.

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