FOMC

Mortgage application activity was relatively flat compared with the previous week, as long-term interest rates held steady following the recent Fed rate hike, according to the Mortgage Bankers Association.

Mortgage rates rose to their highest level since late June, going up for the third time in the past nine weeks, according to Freddie Mac.

Mortgage rates slid over the past week and have now declined in three of the past four weeks, according to Freddie Mac.

While rising mortgage rates are top of mind for the industry after last week's increase in the federal funds rate, the housing market should be more concerned about limited home inventory, according to First American Financial Corp.

Mortgage rates fell for the first time in four weeks, dropping 10 basis points as investors' concerns over a government crisis in Italy drove bond yields lower.

Mortgage applications decreased 2.9%, falling for the eighth consecutive week even as interest rates came down from their recent highs, according to the Mortgage Bankers Association.

Mortgage rates have reversed course and reached a new high last seen seven years ago as the yield on the 10-year Treasury crossed the 3% threshold this week, according to Freddie Mac.

Mortgage rates were unchanged over the past week, but appear to be headed higher with a robust summer home sales season expected, according to Freddie Mac.

Fannie Mae increased its second-quarter mortgage origination projection by $7 billion as refinance volume is remaining stronger than previously expected.

Mortgage rates held largely steady for the week, dropping only 1 basis point, according to Freddie Mac.