

30 Year Fixed Rate Increased to 4.23%
March 21, 2012 – The Mortgage Bankers Association reported that the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,500 or less) increased to 4.23 percent, the highest rate since November 2011, from 4.19 percent, with points decreasing to 0.45 from …


Refi % of Apps Decreased To 71.9%
March 28, 2012 – The Mortgage Bankers Association reported that the refinance share of mortgage activity decreased to 71.9 percent of total applications, the lowest level since July 2011, from 73.4 percent the previous week. The adjustable-rate mortgage (ARM) share of activity decreased to 5.4 …


Mortgage Apps Decreased 2.7%
March 28, 2012 – The Mortgage Bankers Association (MBA) released mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 23, 2012. The Market Composite Index, a measure …


Spreads on HELOCs Increased Slightly
March 26, 2012 – According to Bankrate, the average rate for a new $30k Home Equity Line of Credit (HELOC) was 4.60% compared with last week of 4.59%. According to the Federal Home Loan Bank of Des Moines, the 1 week advance rate for the …


Spreads on Home Equity Loans Decreased
March 26, 2012 – According to Bankrate, the average rate for a new $30k Fixed Rate Home Equity Loan was 5.87% compared with last week of 5.91%. According to the Federal Home Loan Bank of Des Moines, the 15 Year Fully Amortizing Advance Rate for …


30 Year Fixed Rate Increased to 4.19%
March 21, 2012 – The Mortgage Bankers Association reported that the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,500 or less) increased to 4.19 percent from 4.06 percent, with points increasing to 0.47 from 0.43 (including the origination fee) for …


Refi % of Apps Decreased To 73.4%
March 21, 2012 – The Mortgage Bankers Association reported that the refinance share of mortgage activity decreased to 73.4 percent of total applications, the lowest since July 2011, from 75.1 percent the previous week. The adjustable-rate mortgage (ARM) share of activity decreased to 5.6 percent …


Mortgage Apps Decreased 7.4%
March 21, 2012 – The Mortgage Bankers Association (MBA) released mortgage applications decreased 7.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 16, 2012. The Market Composite Index, a measure …


Spreads on HELOCs Decreased Slightly
March 19, 2012 – According to Bankrate, the average rate for a new $30k Home Equity Line of Credit (HELOC) was 4.59% compared with last week of 4.61%. According to the Federal Home Loan Bank of Des Moines, the 1 week advance rate for the …


Spreads on Home Equity Loans Decreased
March 19, 2012 – According to Bankrate, the average rate for a new $30k Fixed Rate Home Equity Loan was 5.91% compared with last week of 5.91%. According to the Federal Home Loan Bank of Des Moines, the 15 Year Fully Amortizing Advance Rate for …











