
Glenn McCullom is the copy editor of National Mortgage News.
Glenn McCullom is the copy editor of National Mortgage News.
Mortgage industry hiring and new job appointments for the week ending Dec. 2.
Conforming mortgage rates are at their highest level this year after increasing 51 basis points since Election Day, according to Freddie Mac.
Mortgage application volume decreased 9.4% from one week earlier as key interest rates hit their highest level since July 2015, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending Nov. 25.
The average for the 30-year fixed-rate mortgage this week topped 4% for the first time since 2015 as 10-year Treasury yields continued their post-election climb, according to Freddie Mac.
New loan applications for home purchases increased 19% from one week earlier as customers scrambled to get the process started in a rising interest rate environment, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending Nov. 18.
Mortgage industry hiring and new job appointments for the week ending Nov. 11.
While mortgage rates moved somewhat higher in the period before the election, after the results were known, the yield on the 10-year Treasury broke above 2%, according to Freddie Mac.
Mortgage application volume decreased 1.2% from one week earlier as rates increased to their highest level since June, according to the Mortgage Bankers Association.