
Glenn McCullom is the copy editor of National Mortgage News.
Glenn McCullom is the copy editor of National Mortgage News.
Mortgage rates increased slightly this week, but remain near historic lows, according to Freddie Mac.
Mortgage application activity decreased 11.2% from one week earlier as refinance volume continued to slow while the bond market and interest rates stabilized.
Mortgage professional hiring and new job appointments for the week ending July 22.
Mortgage rates ticked up slightly across the board as the bond market settled from its post-Brexit volatility, but they remained near their historic lows, according to Freddie Mac.
Mortgage applications decreased 1.3% from one week earlier as rates on conforming and jumbo mortgages increased by five basis points, according to the Mortgage Bankers Association.
Mortgage professional hiring and new job appointments for the week ending July 15.
Rates for the 30-year fixed-rate mortgage held steady this week, remaining near their all-time record low, according to Freddie Mac.
Mortgage applications increased 7.2% from one week earlier as the lowest rates in three years have brought consumers in to refinance, according to the Mortgage Bankers Association.
Mortgage professional hiring and new job appointments for the week ending July 8.
Mortgage rates dropped this week to their lowest point this year as yields on the 10-year Treasury remain depressed in the wake of the Brexit vote.