Mortgage Purchase Applications Archive

The Latest Mortgage Purchase Applications

There was a surge in the number of people filing for mortgages in the first week of June. Applications for a home purchase increased 9.3 percent from the prior week after adjusting for the normal seasonal patterns. Refinance activity...

Mortgage Purchase Applications: Home Buyers Hesitating

The lowest mortgage rates of this year have not enticed home buyers to take out a mortgage. The number of people filing for mortgages for home purchase fell in the final week of May. The index that captures the...

Green Shoots of Credit?

In recent weeks, several originators have announced new programs or initiatives aimed at expanding credit to borrowers with lower FICO scores.  These programs entail significant compensating factors or are geared toward niche markets.  Most indicators have not shown an...

Latest Mortgage Purchase Applications

  The number of people applying for mortgages for a home purchase fell in the latest week by 3 percent from the prior week. From a year ago, activity is down by 12 percent. A negative hit to housing...

Mortgage Applications

More people applied for mortgages to buy a home in the past week (8.8 percent increase). Despite the weekly increase, the overall trend to obtain mortgages has not been too encouraging. It is down by 16 percent from one...