
Glenn McCullom is the copy editor of National Mortgage News.
Glenn McCullom is the copy editor of National Mortgage News.
Mortgage application activity rose 1.5% compared with one week earlier as interest rates remained below 4%, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending Nov. 22.
Mortgage rates fell this week, reversing a gradual upward trend, to reach their lowest level in six weeks, according to Freddie Mac.
For the second consecutive week, mortgage application activity unusually moved in the same direction as interest rates, decreasing 2.2% from one week earlier, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending Nov. 15.
Mortgage rates rose modestly this week as investors have a more positive view of the economy and so they are moving money out of the bond market, according to Freddie Mac.
Mortgage applications increased from one week earlier, although conforming loan interest rates moved back over 4%, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending Nov. 8.
Mortgage rates fell for the first time in four weeks, although given investor optimism over better economic news, it might be a blip, according to Freddie Mac.
It was activity at the upper end of the housing market that helped to keep mortgage application volume level with the previous week, the Mortgage Bankers Association said.