Friday, March 22, 2019
APPLY NOW PURCHASE REFINANCE CONSOLIDATE DEBT HOME EQUITY LOAN
 
Thinking of buying your dream home?
Purchasing your own home is easier than you thought. Find out how to get started here.
 

Mortgage Applications Jump by Almost 25%

Mortgage News > Mortgage Applications Jump by Almost 25%
Date: 01/09/2019    Mortgage Applications Jump by Almost 25%

A major dip in U.S. mortgage interest rates resulted in a 23.5% jump in home loan applications in the latest week, according to the Mortgage Bankers Association. As rates on conventional 30-year fixed-rate mortgages fell to 4.64% from 4.74% the week before, requests for both refinance loans and home purchase mortgages skyrocketed by 35% and 17%, respectively. The refinance share of mortgage applications increased to 45.8%, up from 42.7% the week before and is the highest reading in 11 months.

back