Glenn McCullom

Mortgage rates rose for the third consecutive week and with expected continued economic growth, further increases are likely.

Purchase loan applications were at their highest level in nearly eight years because of rising interest rates, according to the Mortgage Bankers Association.

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

Given the improving U.S. economy, mortgage rates will probably not fall back under the 4% mark anytime soon.

Even as mortgage rates rose to their highest level since March, application activity increased from one week earlier, according to the Mortgage Bankers Association.

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

Mortgage rates jumped across the board as investors sold some of their Treasury bond holdings, which led to higher yields, according to Freddie Mac.

Mortgage application volume started the year on the upswing because of higher refinance activity, even with a slight increase in rates.

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

Mortgage rates dropped to start the year as the markets had little new news to react on during the holiday period.

Mortgage application volume decreased 2.8% during the last two weeks of 2017, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending Dec. 29.

Mortgage rates rose to their highest level since the summer as predicted following Congress passing income tax reform, according to Freddie Mac.

Mortgage industry hiring and new job appointments for the week ending Dec. 22.

The share of new refinance mortgage applications reached its highest point since December 2016, but overall activity fell compared with the previous week, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending Dec. 15.

The mortgage market had already priced the Federal Open Market Committee's 25-basis-point hike into its rates so there was little change, according to Freddie Mac.

Mortgage industry hiring and new job appointments for the week ending Dec. 8.

Mortgage rates ticked up this week, but a larger rise is possible next week depending on what Congress does about tax reform and the budget.

Mortgage application volume increased from one week earlier, driven by a boost in refinance activity, according to the Mortgage Bankers Association.