
Glenn McCullom is the copy editor of National Mortgage News.
Glenn McCullom is the copy editor of National Mortgage News.
The increase in average mortgage rates this week should not affect the spring home purchase market because other factors remain strong, according to Freddie Mac.
Mortgage applications decreased 2.5% from one week earlier, although conventional purchase loan volume and amount is on the rise, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending March 1.
With few headlines to drive up or down movement in the bond markets, mortgage rates held steady after declining for three consecutive weeks, according to Freddie Mac.
Mortgage applications increased 5.3% from one week earlier, as the stable rate environment enticed homebuyers into the market, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending Feb. 22.
Mortgage rates declined for the third straight week, adding to a brighter outlook for the spring home buying season, according to Freddie Mac.
Mortgage applications rose for the first time in five weeks as key interest rates held steady, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending Feb. 15.
Mortgages rates fell to their lowest levels since early 2018, but positive news involving trade and no new shutdown could send them rising again, according to Freddie Mac.