
Glenn McCullom is the copy editor of National Mortgage News.
Glenn McCullom is the copy editor of National Mortgage News.
Mortgage applications decreased by 2.7% and fell for the sixth straight week as key interest rates fell slightly, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending May 11.
Mortgage rates were unchanged over the past week, but appear to be headed higher with a robust summer home sales season expected, according to Freddie Mac.
Mortgage applications decreased by 0.4% and were down for the fifth straight week, as key interest rates also fell slightly, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending May 4.
Mortgage rates dipped slightly over the past week as yields on the 10-year Treasury retreated after breaking the 3% barrier, according to Freddie Mac.
Rising interest rates contributed to a 2.5% decrease in mortgage application activity, which fell for the fourth straight week.
Mortgage industry hiring and new job appointments for the week ending April 27.
Mortgage rates jumped across the board to their highest point this year as 10-year Treasury yields rose in the past week over economic headlines, according to Freddie Mac.
Better weather allowed consumers to go shopping for homes and drive the increase in mortgage application volume compared with one week earlier, according to the Mortgage Bankers Association.