· The recent easing of rates has come amid steep declines in the stock market and tumbling interest rates on the 10-year U.S. Treasury note – which influences long-term mortgage rates.
Refinancing applications fall to lowest in over 17-1/2 years * Loan requests to buy a home decline to near 6-month low * Most mortgage rates stay flat or fall from prior week (Adds details on latest.
Interest rates on 30-year fixed-rate "conforming" mortgages, or loans whose balances are $484,350 or less, averaged 4.14% last week. They were up 2 basis points from prior week’s 4.12%, the lowest.
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· Mortgage Applications Rise as Loan Rates Fall; The Washington-based group’s seasonally adjusted index on mortgage activity increased 1.3% to 518.7 in the week ended june 21, propelled by a 3.2% rise in refinancing activity.
NEW YORK (Reuters) – A U.S. mortgage industry group on Monday. Freddie Mac reported on Thursday. The higher rates have quelled refinance demand. The MBA’s index of refinancing applications in the.
NEW YORK (Reuters) – U.S. mortgage applications to buy a home and to refinance one recorded their steepest weekly decline in four months as some mortgage rates increased to one-month highs, in step with higher bond yields, the Mortgage Bankers Association said on Wednesday.
Mortgage applications to purchase a home, which had been holding strong amid higher rates, fell 4% for the week. They were still 3% higher than a year ago, but that annual comparison is shrinking.
Mortgage applications finally moved slightly higher last week. 22.9 percent for refinances," Kan said. Mortgage rates will likely fall even more this week, as global tensions are high and the U.S..
WASHINGTON, D.C. (January 20, 2016) – Mortgage applications increased 9.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly mortgage applications survey for the week ending January 15, 2016. The Market Composite Index, a measure of mortgage loan application volume, increased 9.0 percent on a seasonally adjusted basis from one.
Mortgage applications decreased 7.3% last week. The 30-year fixed mortgage rate is at its highest level in over a month, discouraging some.
U.S. mortgage applications to buy a home and to refinance one. some mortgage rates increased to one-month highs, in step with higher bond.
The Foreclosure Report: ‘Unendurable Strain’ From ARM Resets And eddy, you are one of the best posters on the forum, but your “this is wholesale” argument falls flat: in other markets with larger numbers of foreclosures, the wholesale price is the market. That’s what’s going to happen here. The loans are all starting to fail and the option arm.