Mortgage applications

Mortgage application volume decreased 6.5%, falling for the second consecutive week with refinance activity at its lowest since early July, according to the Mortgage Bankers Association.

Mortgage applications decreased 3.3% from one week earlier, but purchase activity momentum persisted with home sales remaining a bright spot in the economic recovery, according to the Mortgage Bankers Association.

Home construction starts increased in July by more than forecast and applications to build surged by the most in three decades, indicating builders are responding to robust housing demand fueled by record-low interest rates.

Refinance volume led the spike in mortgage applications for the week ending Aug. 7 as interest rates continued tumbling.

Rates are forecasted to remain at the current low levels for the rest of 2020, driving steady refinance volume.

Mortgage applications decreased 0.8% from one week earlier as the latest spread of COVID-19 weighed on the minds of consumers looking to buy or refinance, according to the Mortgage Bankers Association.

Mortgage applications increased 4.1% from one week earlier as consumers continued to pursue both purchases and refinancings even as conforming rates rose from their record lows, according to the Mortgage Bankers Association.

Home construction starts rose 17% in June, with builders ramping up production as lockdowns eased.

Strong growth in refinance volume following several weeks of so-so activity drove a 5.1% week-to-week increase in mortgage applications, according to the Mortgage Bankers Association.

Mortgage applications to purchase new homes were up 54% compared to the same month the year before.

For the first time in three weeks, mortgage application volume increased, this time by 2.2%, as purchase activity was up in a holiday-shortened week, according to the Mortgage Bankers Association.

Mortgage application volume was down for the second consecutive week, this time by 1.8%, as a new record low for rates was not enough to overcome diminished demand, according to the Mortgage Bankers Association.

First American's Loan Application Defect Index is higher on a month-to-month basis for the first time since February 2019.

Contract signings to purchase previously owned homes surged in May by the most on record as mortgage rates fell and some states began to reopen from coronavirus lockdowns.

Even as interest rates remained at record-low levels, mortgage application activity for both purchases and refinancings declined compared to one week earlier, according to the Mortgage Bankers Association.

A new CFPB rule will expedite the forbearance and loss-mitigation process for consumers suffering financial hardship from the pandemic.

Sales of previously owned homes dropped in May by more than forecast to the lowest level since October 2010 as the coronavirus pandemic sent demand skidding along with the rest of the economy.

The language most frequently spoken by LEP consumers is Spanish, followed by Chinese, Vietnamese, Korean and Tagalog. The Federal Housing Finance Agency's online clearinghouse translates CARES Act forbearance information into these languages.

Home construction starts rose less than forecast in May, suggesting builders were slow to resume work even as states across the country began to reopen.

Purchase mortgage application volume was at its most in over a decade as consumer confidence continued to improve in the aftermath of the coronavirus shutdown, according to the Mortgage Bankers Association.