Tag Archives: Joel Kan

Rising rates take toll on mortgage demand

By | | Uncategorized
Comments Off on Rising rates take toll on mortgage demand

Although mortgage rates came down slightly after seven consecutive weeks of increases, applications for refinancing and purchase loans both fell more significantly. Continue reading →

Mortgage applications decrease 1%

By | | Uncategorized
Comments Off on Mortgage applications decrease 1%

Climbing mortgage rates have slowed demand for refinance applications, while purchase applications remain strong moving into the spring season, according to the Mortgage Bankers Association. Continue reading →

Demand for mortgages continued in last week of May: MBA

By | | Uncategorized
Comments Off on Demand for mortgages continued in last week of May: MBA

“High unemployment and low housing supply may restrain a more meaningful rebound in purchase applications,” Joel Kan of the Mortgage Bankers Association said. Continue reading →

Mortgage rates drop to 30-year low

By | | Uncategorized
Comments Off on Mortgage rates drop to 30-year low

The average contract interest rate for 30-year fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began its weekly survey. Continue reading →

Mortgage applications surge along with refis

By | | Uncategorized
Comments Off on Mortgage applications surge along with refis

Mortgage applications activity increased by 15.3 percent and the refinance index increased 26 percent during the week ending March 27. Continue reading →

Mortgage applications reach highest volume since 2013

By | | Uncategorized
Comments Off on Mortgage applications reach highest volume since 2013

The Mortgage Bankers Association announced Wednesday that the Market Composite Index reached its highest level last week since May 2013. Continue reading →