Mortgage Bankers Association

The decline brings the average long-term mortgage rate to 6.21% from 6.22% last week. read more >

Many prospective homebuyers have been discouraged by elevated mortgage rates and home prices that have continued to climb, albeit more slowly. read more >

The rate rose to 6.83% from 6.62% last week. A year ago, the rate averaged 7.1%. read more >

The Mortgage Bankers Association’s refinance index surged to its highest level in two years, and refinance applications were up nearly 60% versus the same week last year. read more >

After jumping to a 23-year high of 7.79% in October, the average rate on a 30-year mortgage has mostly hovered around 7% this year — more than double what it was just three years ago. read more >

The average rate on a 30-year mortgage dropped to 7.03% from 7.22% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.33%. read more >

The average rate on the benchmark 30-year home loan rose for the seventh straight week, making a significant hurdle for prospective homebuyers. read more >

An index that tracks mortgage application volume shows applications for loans to buy a home fell last week to the lowest level in 28 years, according read more >

One year ago the average 30-year rate was 2.8%. read more >

Last year at this time the rate was 2.12%. read more >

One year ago, however, the average 30-year rate was 2.98%. read more >

As rates rise, mortgage applications have fallen 15% from last year and refinancings have decreased more than 70%. read more >

Mortgage demand has fallen to the lowest level in 22 years. read more >

Buyers snapped up cheaper homes in anticipation of higher interest rates. read more >

The value of for-purchase home loans is expected to climb to a new high of $1.74 trillion. read more >

When IberiaBank Corp. agreed in December to pay $11.7 million to settle allegations by Arkansas whistleblowers that it filed false claims for mortgage loan guarantees, it became the first lender working in the state to join a lengthy roster of lenders that have settled similar allegations with the U.S. Department of Justice since 2011. read more >

Jennifer Garcia and Dana Ferguson, loan officers at Generations Bank in Camden, have been promoted to vice president/mortgage loan officer and assistant vice president/loan officer. read more >