Mortgage rates

Loan application defects were unchanged for July compared with June, the first time in eight months there has not been an increase, according to First American Financial Corp.

Mortgage rates fell to a new low for the year this week, but are 38 basis points higher than they were one year ago, according to Freddie Mac.

Wells Fargo forced borrowers to pay millions of dollars in fees to extend interest rate locks that expired due to the bank's delays in processing mortgage applications, a lawsuit claims.

Mortgage companies' average net gain on loans has returned to the four-digit range after dropping into the low three-digits after the federal election last year.

If mortgage rates rise slowly as the economy continues to grow, the impact from the Fed’s unwind on housing likely will result in a decline in refinancing activity.

Mortgage rates decreased for the fourth consecutive week and dropped to their lowest mark since November, according to Freddie Mac.

There was very little change in mortgage application activity for the second consecutive week, according to the Mortgage Bankers Association.

Mortgage rates continued to move lower as a result of economic uncertainty, according to Freddie Mac.

The share of refinance loans in the market bounced back slightly in July, according to Ellie Mae's latest monthly report.

Mortgage application volume was practically flat when compared with one week earlier, according to the Mortgage Bankers Association.