Mortgage applications increase 3.2% amid market volatility
social-mediaSpring buying season is here—what agents need to know now!
- 1
Mortgage applications up 3.2%
Weekly increase as spring buying season heats up amid market volatility
- 2
Purchase activity surges 7.8%
Seasonally adjusted purchase index jumps, FHA loans leading with 11% growth
- 3
Refinance share drops slightly
Refinance activity fell to 57.8% of total applications but remains 81% higher than last year
- 4
30-year rates climb to 6.19%
Mortgage rates increased due to market volatility, affecting loan affordability
- 5
Spring season shows strong intent
Xactus Mortgage Intent Index hits highest 2023 reading at 159.1, up 16.3% month-over-month
About This Social-media Resource
This social-media resource covers mortgage applications increase 3.2% amid market volatility. Weekly increase as spring buying season heats up amid market volatility Seasonally adjusted purchase index jumps, FHA loans leading with 11% growth Refinance activity fell to 57.8% of total applications but remains 81% higher than last year Mortgage rates increased due to market volatility, affecting loan affordability Xactus Mortgage Intent Index hits highest 2023 reading at 159.1, up 16.3% month-over-month Whether you're a new agent building your brand or an experienced professional looking for fresh content ideas, this free resource is designed to help you engage your audience and generate leads through educational content marketing.
Key Takeaways
- Mortgage applications up 3.2% — Weekly increase as spring buying season heats up amid market volatility
- Purchase activity surges 7.8% — Seasonally adjusted purchase index jumps, FHA loans leading with 11% growth
- Refinance share drops slightly — Refinance activity fell to 57.8% of total applications but remains 81% higher than last year
- 30-year rates climb to 6.19% — Mortgage rates increased due to market volatility, affecting loan affordability
- Spring season shows strong intent — Xactus Mortgage Intent Index hits highest 2023 reading at 159.1, up 16.3% month-over-month
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Spring buying season is here—what agents need to know now! Mortgage applications up 3.2% Save this post for later! 📌 #realestate #realtortips #homebuying #realestatetips #realtorlife
Spring buying season is here—what agents need to know now! Here's what every agent and homebuyer should know: 1. Mortgage applications up 3.2% 2. Purchase activity surges 7.8% 3. Refinance share drops slightly What would you add to this list? Share your thoughts below. 👇
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Spring buying season is here—what agents need to know now! Mortgage applications up 3.2% 🔗 Free infographic & video at EstatePass Content Studio