Application activity increases, led by uptick in refis

Mortgage applications increased 4.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Jan. 17, 2014. The Market Composite Index, a measure of mortgage loan application volume, increased 4.7 percent on a seasonally adjusted basis from one week earlier.

Refinance business continues to pick up. HomeInvestor Mortgage. "The pick-up in refinance activity was led by larger loan sizes on average, as continued investor interest drove jumbo interest.

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The recent uptick in interest rates has led the refi market to cool off slightly compared to this time last year. The downturn may leave financial marketers wondering how to adjust their refinance marketing tactics to increase conversions.

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There was a small uptick overall in the demand for government-backed mortgages. The FHA share of applications increased to 10.0 percent from 9.6 percent a week earlier and the USDA portion was 0.8.

The average contract interest rate for 5/1 ARMs increased to 3.22%, the highest level since January 2014, from 3.09%, with points decreasing to 0.32 from 0.38 (including the origination fee) for.

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The Market Composite Index, a measure of mortgage loan application volume. The refinance share of mortgage activity increased to 65% of total applications from 63% the previous week. The adjustable.

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In sum, we were positioned for continuation of some good prepayments fees as we have business early 2014, given the rally and rates that peaked in late January, early February, we expected an uptick.

Contents State) medicaid spending increased Water consumption. people Hppi reported homeowner expectations Consecutive month. appraised Local job seekers 26 older adults Application activity increases, led by uptick in refis Total (federal and state) medicaid spending increased following expansion implementation, but research suggests that.

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According to the survey, mortgage loan application volume went up over 15 percent on a seasonally adjusted basis, with a steady increase by 43.9 percent on an unadjusted basis from the week earlier.

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