Glenn McCullom

Mortgage industry hiring and new job appointments for the week ending Aug. 23.

Mortgage rates continued to drop this week and hit their lowest levels since November 2016, while stimulating the real estate market and the economy, according to Freddie Mac.

Mortgage application volume fell last week as the small drop in interest rates slowed refinancing activity, while economic worries likely kept purchasers out of the market, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending Aug. 16.

Mortgage rates remained unchanged this past week even with all of the upheaval in the bond markets that pushed long-term Treasury yields down, according to Freddie Mac.

While last week's large drop in interest rates sparked a surge in refinance activity, purchase mortgage application volume increased for the first time in over a month, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending Aug. 9.

Mortgage rates tumbled to lows not seen since November 2016 as benchmark 10-year Treasury yields continue to decline due to investors' uncertainty over trade and the economy, according to Freddie Mac.

The economic tensions between the U.S. and China drove interest rates down last week, leading to a surge in refinance applications, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending Aug. 2.

Mortgage rates were unchanged from last week, but going forward, they are likely to decline following investors' reaction to the Federal Open Market Committee's July 31 short-term rate cut announcement.

Purchase mortgage applications continue to decline, falling to their lowest level since the start of the spring, as supply constraints limit homebuyer activity, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending July 26.

Bond market investors acted cautiously in the wake of next week's Federal Open Market Committee meeting and that likely resulted in mortgage rates moving lower this past week.

Fewer consumers applied for mortgages last week even as interest rates declined by 3 to 4 basis points for all product types, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending July 19.

After three weeks of holding fairly steady, average mortgage rates ticked up this week, ironically due to investor optimism that the Federal Open Market Committee will cut short-term rates, according to Freddie Mac.

Higher interest rates led to a 1.1% seasonally adjusted decline in mortgage applications compared with the previous week, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending July 12.

While mortgage rates remained unchanged this past week, further drops are possible as signs from the Federal Reserve point to a short-term rate cut at its next meeting.