According to the Association of Mortgage Bankers ’Weekly Mortgage Applications Weekly Survey, U.S. banks demanded in the week ending January 28, 2022, rose 12.0 percent from last week.

The credit rating index Market Composite Index rose 12.0 percent from a week ago. On an unstructured basis, the index is up 15 percent from the previous week.

The refinancing index rose 18 percent from last week and was 50 percent lower than the same week last year. The periodically revised purchase index is 4 percent higher than last week. The index of unstructured purchases rose by 12 percent from the previous week and was 7 percent lower than in the corresponding week last year.

“Most MBA survey bank prices continued to rise, with the 30-year rate at its highest level since March 2020, at 3.78%. Kan, Executive Vice President, Economic and Industrial Forecasting, MBA.” rose throughout the last week of January, but remained 7 percent lower than last year. Average Mortgage Applications debt rose again to $ 441,100. Strong inflation and inflation continue to rise. Interim loans have risen. “

The share of thief refinancing rose to 57.3 percent of all Mortgage applications from 55.8 percent last week. The share of the fixed monk share (ARM) rose to 4.5 percent of all requests.

The FHA share of all Mortgage applications fell to 7.7 percent from 8.6 percent last week. VA’s share of all applications fell to 9.1 percent from 9.9 percent last week. The USDA stock index for all Mortgage applications fell 0.4 percent from last week’s 0.5 percent.

The average interest rate on a 30-year fixed-rate loan corresponding to a credit rating ($ 647,200 or less) rose to 3.78 percent from 3.72 percent and decreased 0.41 points from 0.43 percent (including initial income). 80 percent of credit value ratio (LTV) loans.

The effective interest rate has risen since last week. The average interest rate for a 30-year-old burglar with a jumbo interest rate (over $ 647,200) rose to 3.59 percent from 3.56 percent, and scores fell to 0.31 from 0.38 percent (including initial income) on 80 percent of LTV loans.  The effective interest rate has risen since last week.

The 30-year average interest rate on FHA-backed thieves rose to 3.86 percent from 3.69 percent, and scores fell to 0.55 from 0.61 (including initial income) on 80 percent of them. LTV loan. The effective interest rate has risen since last week.

The average contract rate for 15-year fixed-rate mortgages rose from 3.00 percent to 3.01 percent, and scores rose to 0.41 from 0.39 (including initial income) on 80 percent of LTV loans. The effective interest rate has risen since last week.

The average contract rate for 5/11 ARM fell to 3.09 percent from 3.18 percent, and scores rose to 0.35 from 0.33 (including initial income) on 80 percent of LTV loans. The effective interest rate has been low since last week.

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