
Glenn McCullom is the copy editor of National Mortgage News.
Glenn McCullom is the copy editor of National Mortgage News.
Mortgage rates fell to their lowest level in three months, possibly because investors became nervous following the spread of a coronavirus in China and elsewhere.
Mortgage application activity slowed down this past week from its fast start to 2020, with a decrease of 1.2% from one week earlier, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending Jan. 17.
Mortgage rates for the most part were stable this past week as the markets looked warily at economic and geopolitical events, according to Freddie Mac.
Mortgage application activity increased 30.2% from one week earlier as purchases were at their highest level in over a decade along with substantial growth in refinancings, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending Jan. 10
Mortgage industry hiring and new job appointments for the week ending Jan. 3
Mortgage industry hiring and new job appointments for the week ending Dec. 27.
Mortgage rates ended the week little changed from the previous seven-day period and near historic lows for the year, according to Freddie Mac.
Mortgage applications decreased 5.3% on a seasonally adjusted basis from one week earlier led by a decline in conventional refinance loan demand, according to the Mortgage Bankers Association.