Glenn McCullom

A decline in refinancings led to a drop in mortgage application volume last week, even though purchase activity continues to rise, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending July 5

Mortgage rates ticked up slightly this week with opposing trends in the stock and bond markets fighting for dominance, according to Freddie Mac.

Mortgage application activity was virtually flat from one week earlier, down just 0.1%, although there was a huge gain in Federal Housing Administration refinance volume, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending June 28.

Mortgage industry hiring and new job appointments for the week ending June 21.

Mortgage rates remained stable as the 30-year fixed-rate loan settled in near 3.8% for the third straight week, according to Freddie Mac

Mortgage applications decreased by 3.4% this week, although refinance activity remained close to its 2019 high point, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending June 14.

Mortgage rates remained unchanged as investors' concerns over U.S. foreign trade policy, which triggered the previous week's drop, were moderated, according to Freddie Mac.