
Glenn McCullom is the copy editor of National Mortgage News.
Glenn McCullom is the copy editor of National Mortgage News.
Mortgage rates remained unchanged from last week's year-to-date low but going forward they are likely to increase as 10-year Treasury yields rose.
As mortgage rates dropped to new lows for the year, loan application volume increased from one week earlier, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending Sept. 8.
Mortgage rates dropped to a year-to-date low for the third consecutive week as the 10-year Treasury yield also declined, according to Freddie Mac.
Mortgage refinancing applications were more than half of the volume for the first time since January, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending Sept. 1.
Mortgage rates fell to a new low for the year this week, but are 38 basis points higher than they were one year ago, according to Freddie Mac.
Mortgage applications decreased 2.3% from one week ago, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending Aug. 25.
Mortgage rates decreased for the fourth consecutive week and dropped to their lowest mark since November, according to Freddie Mac.