Mortgage applications drop for second consecutive week

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That’s seven basis points lower than last week. The 15-year fixed-rate averaged 3.46%, down 5 basis points from last week. The mortgage bankers association reported a 3.3% percent decrease in loan.

Mortgage rates fell for the second straight week for the week ending April 5, according to the Primary Mortgage Market Survey released by Freddie Mac.

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It was the second consecutive week that mortgage application volume increased. However, the two weeks were preceded by four consecutive weeks of declining volume. On an unadjusted basis, total volume fell 3% compared with the previous week.

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Mortgage application volume decreased for fourth consecutive week, falling 4.3% despite a drop in the average rate for a 30-year fixed rate mortgage to 4.42% from 4.46%, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey. For the week ended April 26, applications for.

Mortgage applications down for second consecutive week Mortgage applications declined for the second week in a row last week, but are still not back to a recent low measured during the week that included Labor Day, the Mortgage Bankers Association’s (MBA) Weekly mortgage applications survey released today shows.

For the second week straight, mortgage interest rates declined, according to the latest Freddie Mac Primary Mortgage Market Survey. The report has shown the 10-year Treasury yield rise by 5 basis points for the week ending July 27, 2017 while the 30-year fixed-rate mortgage dropped by 4 basis points to a new low.

Thirty-year mortgage rates averaged 3.99% in the week ended May 30, down from 4.06% a week earlier. Existing home sales, on the other hand, fell for a second consecutive home in April due primarily.

Mortgage applications decreased for the second consecutive week, falling 1.9% from last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 6, 2018. On an unadjusted basis, the index decreased 1% from last week. The Refinance Index fell 2% from the previous week.

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Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey, showing that mortgage rates dipped for the second consecutive week. Sam Khater, Freddie Mac’s chief.