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MBA: Mortgage applications jump 7.3%

mortgage applications jumped sharply coming off the holiday-shortened Memorial Day holiday week, buoyed by the lowest 30-year fixed interest rates since September 2017, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending June 7.

MBA predicts 7% jump in home purchase applications for 2018. the Mortgage Bankers Association announced that it expects purchase mortgage originations to jump to $1.2 trillion, a 7.3 percent.

MBA’s seasonally adjusted gauge on refinancing applications fell 11.0% to 1,293 last week. Four weeks earlier, it climbed to 1,786, its strongest since November 2016 when mortgage rates fell to their lowest levels in over 14 months. The share of refinancing requests versus total applications contracted to 39.4% from 41.5% in the prior week.

The Mortgage Bankers Association (MBA) is forecasting a sizable jump in new home sales in January. Based on responses to its builder application survey (bas), MBA estimates that applications for the.

MBA Mortgage Applications -7.3% vs -3.5% Prior. Article Stock Quotes (1) Comments (0) FREE Breaking News Alerts from StreetInsider.com! E-mail Address. StreetInsider.com Top Tickers, 4/24/2019. 1.

While a rate of 3.73% remains historically low, a weekly jump of 200 basis points. According to the Mortgage Bankers Association, U.S. mortgage applications rose by 3.4% for the week ending Feb. 1.

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications wednesday morning, noting a decrease of 0.1% in the group’s seasonally adjusted composite index for the.

MBA’s seasonally adjusted gauge on refinancing applications fell 11.0% to 1,293 last week. Four weeks earlier, it climbed to 1,786, its strongest since November 2016 when mortgage rates fell to their lowest levels in over 14 months. The share of refinancing requests versus total applications contracted to 39.4% from 41.5% in the prior week.

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning. according to Mortgage News Daily. That represents a jump of nine basis points, and the.

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U.S. mortgage applications jumped to their highest level in more than 2-1/2 years last week, led by a surge in refinancing activity, as some home borrowing costs tumbled to their cheapest level since September 2017, the Mortgage Bankers Association said on Wednesday.

MBA: Mortgage applications jump 7.3%. Alcynna Lloyd is a reporter at HousingWire. Lloyd has a degree in broadcast journalism from the University of North Texas. She previously interned with a.