Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season

Are You All Set for the Spring Homebuying Season? February 17, 2017 By Justin.. Upon the completion of your inquiry, we will work hard to match you with a lender who may assist you with a mortgage application and provide mortgage product eligibility requirements for your individual situation.

New home sales rise 3.7% in December, signaling promising spring home buying season Despite drop in pending home sales, California Realtors positive on spring buying season Kelsey Ramrez is an.

WASHINGTON (AP) – U.S. long-term mortgage rates fell slightly this week, marking a third straight week of declines as a continued inducement to purchasers in the spring homebuying season. Bond.

Tight inventory and fierce competition have American homebuyers bracing for one of the most competitive spring homebuying seasons in years. But according to Realtor.com, many potential homebuyers remain confident that they will close on a home this spring despite the challenging market conditions.

According to Freddie Mac ‘s latest Primary Mortgage Market Survey for mid-April, U.S. mortgage rates largely unchanged and remained near their low mark for 2016 at the start of the spring homebuying.

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Weekly Mortgage Applications Rise, a Sign of Hope for the spring homebuying season feb 25, 2019 Applications to purchase a home increased 2 percent for the week – the first uptick in a month – a sign of optimism in the housing market.

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The Mortgage Bankers Association (MBA) said mortgage application volume rose for the first time in five weeks during the week ended February 7. MBA’s Market Composite Index, a measure of that.

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On an unadjusted basis, the index increased 5% from last week. The Refinance Index jumped 7% from the previous week. The Purchase Index also increased, rising 3% from last week. The refinance share of mortgage activity increased from last week’s 38.5% to 39.4% of total applications.

According to Freddie Mac’s weekly Primary Mortgage Market Survey (PMMS), the average fixed mortgage rate moved down across the board. The average 30-year fixed mortgage rate continues its run below 4 percent — a good sign for the spring homebuying season. Len Kiefer, deputy chief economist at.