Tag Archive for: mortgage applications

MBA “Purchase Index” Falls to Lowest Level Since 1995! Panic Time?

Rates have climbed almost a full 1% point since early February, as this Mortgage News Daily Chart indicates. In direct response to this increase in rates, purchase money mortgage applications […]Read More

Mortgage Applications Down 30%; What Does It Mean For Borrowers? Refi Boom Coming?

2020 = BEST YEAR EVER FOR MORTGAGE INDUSTRY The mortgage industry had its best year ever last year (over $4 trillion of funded loans), as rates fell to all-time lows […]Read More