Mortgage applications

Fewer people are lying when buying or selling a home in South Florida.

Economic uncertainty continued to affect mortgage rates, which rose to their highest level in 12 weeks, according to Freddie Mac.

Interest rate swings during this past week resulted in a decline in both refinance and purchase mortgage applications compared with the previous period, according to the Mortgage Bankers Association.

Mortgage applications to purchase new homes dropped 8% in September from August, as ongoing uncertainty over interest rate movements and economy likely kept buyers out of the market, the Mortgage Bankers Association said.

Mortgage applications increased 0.5% from one week earlier, although interest rate instability affected consumers' ability to get the best price for their loan, according to the Mortgage Bankers Association.

Mortgage applications jumped 5.2% from one week earlier as a drop in rates caused another surge in refinances, according to the Mortgage Bankers Association.

Economic issues were the biggest influence on average mortgage rates in the past week, although two trackers moved in different directions.

Mortgage applications increased 8.1% from one week earlier as conventional mortgage rates fell under 4% again, according to the Mortgage Bankers Association.

The recent spike in mortgage interest rates reduced home purchase application activity last week, contributing to a 10.1% decline in total activity, according to the Mortgage Bankers Association.

Mortgage rates had their largest week-to-week uptick since October 2018 as bond market investors reacted to positive news about the economy, according to Freddie Mac.

Mortgage applications decreased 0.1% from one week earlier as conforming and jumbo interest rates climbed back above 4%, which slowed refinance activity, according to the Mortgage Bankers Association.

The low mortgage rates of August drove new homebuyers to cannonball into the purchase market compared to the year before, according to the Mortgage Bankers Association.

Mortgage applications increased 2% on an adjusted basis from one week earlier driven by gains in the purchase market while refinance activity was flat, according to the Mortgage Bankers Association.

Mortgage applications fell 3.1% from one week earlier even with another decrease in rates, according to the Mortgage Bankers Association.

Mortgage rates rose for the first time since the middle of July, but that, along with continued consumer worries about the economy, helped to reduce application activity from the prior week.

Digitizing the lending experience can go a long way toward boosting mortgage applications even as interest rates continue to fluctuate.

Mortgage application volume fell last week as the small drop in interest rates slowed refinancing activity, while economic worries likely kept purchasers out of the market, according to the Mortgage Bankers Association.

The Mortgage Industry Standards Maintenance Organization is working with stakeholders to come up with a common means of handling new tax transcript authorization requirements in the Taxpayers First Act.

Wide short-term swings in interest rates — and loan prepayments — that we've all witnessed have serious secondary effects on consumers, lenders, investors and also policymakers.

With long-term interest rates at historic lows, mortgage refinancing is coming on strong. But that additional revenue may not be enough to offset net interest margin pressures and lost servicing income.