Fed and Economy Watch

Refinancing Volume Pulls Back as Rates Rise

2021-01-20T07:37:37-06:00January 20th, 2021|

The volume of mortgage applications fell back slightly last week. The Mortgage Bankers Association (MBA) said its Market Composite Index was down 1.9 percent on a seasonally adjusted basis during the week ended January 15 compared to the prior reportin...

Refi Applications Highest Since March

2021-01-13T07:29:39-06:00January 13th, 2021|

It was a typical first-work-week-after-the holiday bounce for the mortgage indexes, although the surge was significantly more restrained than last year. Perhaps the nation was otherwise distracted. The Mortgage Bankers Association (MBA) said its Market...