Mortgage application volume rises, driven by refinances | Plow

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With refinance activity rising to its highest level in three years, mortgage application volume increased 26.8% from one week earlier, according.

30 Year Fixed Mortgage Rate nears Two Year Low With the best 30-year fixed mortgage rates running in the mid-3 percent range the past few years, borrowers have been enjoying a great run on the most popular mortgage around. At the same time, 15-year fixed mortgage rates have been bouncing around the high 2/low 3 percent range, offering even better bargains for borrowers looking to pay their.

Applications that were for refinancing grew to 42.2 percent of the total from. driven by increasing concerns regarding the ongoing trade tensions with China. Additionally, refinances for FHA and VA loans jumped by 11 percent.". by the trade tensions, purchase application volume declined for the week.

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2 days ago. Last week, the nation's mortgage rates fell to another three-year low, prompting. According to the MBA, mortgage applications increased 2% for the week ending on Sept.. boom Refinance demand refinance market refinance volume. ” Refinances were essentially unchanged, up just 0.4 percent, but.

Analysts say they think purchase demand will increase during the. total loan application volume – dropped 1.9 percent from a week earlier.. "Refinance activity was lower, but we did see government refinance applications increase, driven. but refinances last week were 7 percent lower than last month.

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