According to the Mortgage Bankers Association’s Weekly Applications Survey, the seasonally adjusted Purchase Index rose 8.2 percent last week to its highest level since August 12. Despite the gain in purchase demand, the Market Composite Index, which measures total mortgage loan application volume, was down 1.2 percent. Michael Fratantoni, MBA’s vice president of research and economics, said overall refinance activity declined, though there was an increase in applications for government loan programs. The average contract interest rate on 30-year fixed-rate mortgages was unchanged at 4.23 percent. The average 30-year rate for jumbo loans increased to 4.59 percent. More here.
"Story Time" Newsletters
- WARMUP WITH THESE POPULAR COLORADO JANUARY EVENTS
- DECEMBER 2023 GUIDE TO HOLIDAY LIGHT SHOWS, SANTA VISITS, SEASONAL FOOD & DRINK, PARADES, AND MORE!
Ranging from easy to advanced, dirt to paved, flat roads to steep grades, there are bike trails to match the riding experience you're looking for.
- PIONEERING WOMEN OF BOULDER, CO
Ranging from easy to advanced, dirt to paved, flat roads to steep grades, there are bike trails to match the riding experience you're looking for.
- FANTASTIC FALL FUN EVENTS IN COLORADO
Ranging from easy to advanced, dirt to paved, flat roads to steep grades, there are bike trails to match the riding experience you're looking for.
- CARNEGIE LIBRARIES: The Future Made Bright
THERE'S A LONG HISTORY of wineries in Colorado. Grape vines found their way into Colorado by way of European settlers who had come to work the mines in Pueblo and Canon City during the Colorado gold rush over a century ago.
- Celebrate Colorado Peaches and their History at these 3 Festivals!
THERE'S A LONG HISTORY of wineries in Colorado. Grape vines found their way into Colorado by way of European settlers who had come to work the mines in Pueblo and Canon City during the Colorado gold rush over a century ago.
- Colorado Wine – Rooted in History
THERE'S A LONG HISTORY of wineries in Colorado. Grape vines found their way into Colorado by way of European settlers who had come to work the mines in Pueblo and Canon City during the Colorado gold rush over a century ago.