Mortgage applications tumble 12.9% as refinancing activity falls 15.3%

WASHINGTON ( TheStreet) — Mortgage applications dropped 12.9% last week as mortgage rates edged higher. The volume of mortgage loan applications fell 12.9% on a seasonally adjusted basis in the.

 · Client loan refinancing opportunities accounted for approximately 22% of mortgage loan applications in the third quarter of 2017, compared to 17% on a linked quarter basis.

5–Mortgage applications tumble 12.9% as refinancing activity falls 15.3%, Housingwire Excerpt: The level of mortgage applications took a turn for the worse last week, as refinancing activity declined significantly.

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June 2010 MBA: Mortgage Purchase Application Activity Falls, Refinances Increase. While overall mortgage application activity fell, refinancing activity jumped in the week ending May 14, according to the Mortgage Bankers Association’s weekly Mortgage Application Survey.

Mortgage applications rise nearly 17% on refinancing activity. July 18, 2012.. In addition, the refinance share of mortgage activity rose to 80.1% of total applications, an increase from 77%.

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The MBA reported the results of its weekly mortgage applications survey earlier and the leading indicators for the housing price collapse continue coming fast and weak. After rising by 5% in the prior week, the market composite index plummeted by 12.9%, a major reversal, which confirms that as we have been saying, no matter the record 2s10s spread, few if any are taking "advantage" of surging.

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The increase in the Mortgage Bankers Association’s seasonally adjusted report was largely due to a 9 percent weekly jump in applications to refinance. Lenders suddenly have a strong sales pitch, now that rates are significantly lower than they were a year ago.

A very slight inch higher in interest rates caused a more than slight drop in mortgage application. Mortgage applications down 4.3%; refinancing falls.. and more activity on the higher end.

Refinancing Activities Falter in Q1 2017. July 6, The slow activity was led by refinance lending, with a 45 percent decline on a quarter-over-quarter comparison.. When inquiring about a mortgage on this site, this is not a mortgage application. Upon the completion of your inquiry, we will.

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