Glenn McCullom

The share of mortgage refinance applications dropped to its lowest level in nearly 10 years as interest rates continued to climb.

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

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

Mortgage rates increased for the ninth consecutive week, moving in reaction to bond and stock market volatility.

Mortgage application activity increased slightly from one week earlier even as the rate for the 30-year conforming loan rose to its highest level in four years.

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

The new Federal Reserve Board chairman's testimony in Congress was the driver of this week's mortgage rate increase, according to Freddie Mac.

Higher levels of purchase activity even with rising interest rates drove the increase in mortgage applications compared with one week earlier.

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

The 30-year fixed mortgage rate moved up for the seventh consecutive week with further increases possible as bond yields rise over concerns about higher inflation.

With 30-year mortgage rates reaching a four-year high, loan application activity was lower this past week, according to the Mortgage Bankers Association.

Mortgage rates rose to their highest level in almost four years, as worries over inflation drove the 10-year Treasury yield to just shy of 3%.

Rising rates, largely tied to the stock market turmoil, took their toll on mortgage application volume during the past week.

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

Mortgage rates hit their highest mark since December 2016 as bond yields were affected by the roller coaster stock market, according to Freddie Mac.

Even as rates hit their highest levels in nearly four years, mortgage application volume increased compared with one week earlier, according to the Mortgage Bankers Association.

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

Mortgage rates, which are significantly higher since the start of the year, are likely to rise for weeks to come, according to Freddie Mac.

Rising rates suppressed total mortgage application activity, which decreased 2.6% from one week earlier, according to the Mortgage Bankers Association.

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