Survey

April 26, 2018

Positive Economic News Moves Rates Higher

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates increased across all loan categories last week. In fact, rates were up for 30-year fixed-rate loans with both conforming and jumbo balances, loans backed by the Federal Housing Administration, and 15-year fixed-rate loans. The increase, according to MBA …

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April 12, 2018

Average Mortgage Rates Declined Last Week

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates fell across all loan categories last week, including 30-year fixed-rate loans with both conforming and jumbo balances, loans backed by the Federal Housing Administration, and 15-year fixed-rate loans. But despite the decline in rates, demand for mortgage applications …

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Posted in Survey
April 9, 2018

How Mortgage Rate Increases Affect Home Buyers

Mortgage rates have been increasing lately and there is an expectation that they will move higher this year. But while home prices get a lot of attention, rising mortgage rates are a little more difficult for buyers to calculate in terms of what it will cost them. Here's some help. …

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March 29, 2018

Mortgage Loan Demand Grows Despite Higher Rates

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates rose last week but the increase did nothing to dampen demand for loans. In fact, refinance activity was up 7 percent from the week before and requests for purchase loan applications increased 3 percent. Demand for loans to …

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March 15, 2018

Demand For Home Purchase Loans Picks Up

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates were up and down last week, with rates rising for FHA and 30-year fixed-rate loans with conforming loan balances but down for jumbo loans and 15-year fixed-rate mortgages. But despite the movement, mortgage rates didn't deter potential home …

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March 9, 2018

Income Has Risen But Will It Lead To Home Sales?

A rising number of Americans surveyed for Fannie Mae's monthly Home Purchase Sentiment Index say their income is higher than it was last year at this time. But has more money made them more likely to buy or sell a house? Well, according to February's survey results, it's hard to …

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March 8, 2018

Mortgage Rates See Little Movement Last Week

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates were mostly flat last week. In fact, the average contract interest rate for 30-year fixed-rate loans with both conforming and jumbo balances, as well as loans backed by the Federal Housing Administration, was largely unchanged from the week …

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March 6, 2018

Contract Signings Fall In January

In January, there were more people looking to purchase homes but fewer people signing contracts to buy. The numbers, from the National Association of Realtors' Pending Home Sales Index, show that pending home sales – which refer to contract signings, not closings – were down 4.7 percent from the previous …

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March 5, 2018

Nearly 60% Of Homeowners Plan Home Improvements

If you're a homeowner, you know the to-do list is never ending. And, if you're a buyer, you'll know soon enough. That's because, owning a home means maintaining a home. Proof of that can be seen in the fifth annual LightStream Home Improvement Survey. According to the results, 58 percent …

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Posted in Survey
March 1, 2018

Steady Rates Fuel Home Purchase Demand

According to the Mortgage Bankers Association's Weekly Applications Survey, average rates for 30-year fixed-rate mortgages with conforming loan balances remained unchanged last week – though rates were up for mortgages backed by the Federal Housing Administration and 15-year fixed-rate loans. Still, despite those increases, demand for loans to buy homes …

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