
Glenn McCullom is the copy editor of National Mortgage News.
Glenn McCullom is the copy editor of National Mortgage News.
Mortgage rates and Treasury yields moved higher this week in anticipation of the Federal Open Markets Committee raising short-term interest rates in December.
Mortgage applications decreased 6% from one week earlier, according to the Mortgage Bankers Association.
Mortgage industry hiring and new job appointments for the week ending Oct. 7.
Conforming mortgage rates were unchanged this week even as the 10-year Treasury's yield rose in response to the European Central Bank's decision to slow its bond purchase program, according to Freddie Mac.
Mortgage applications increased 2.9% from one week earlier, according to the Mortgage Bankers Association, as the conforming interest rate fell to its lowest level since July.
Mortgage industry hiring and new job appointments for the week ending Sept. 30.
Mortgage rates fell as investors purchased more 10-year Treasury bonds after the Federal Open Market Committee decided to leave short-term rates unchanged.
Mortgage industry hiring and new job appointments for the week ending Sept. 23.
Mortgage rates ticked down slightly from last week's post-Brexit high in anticipation of the Federal Open Market Committee meeting, according to Freddie Mac.
Mortgage applications decreased 7.3% on a seasonally adjusted basis from one week earlier as refinance activity was at its lowest level since June.