ADV: Mortgage Rates Drop to 6-Month Low
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Investor's Business Daily - The Mortgage Bankers Association&#39;s mortgage application index fell 3.4% to 643.7 in the week ended June 15, but was still up 13.2% compared with the same week last year. The purchase index slid 3% to 450.9 while the refinancing index fell 4.2% to 1,776.8.
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Rates on 30-year and 15-year mortgages dipped this week, good news for prospective home buyers. Freddie Mac&#39;s weekly survey released Thursday showed that rates on 30-year, fixed-rate mortgages declined to
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Rates on 30-year, fixed-rate mortgages in the United States averaged 5.72 percent this week, down slightly from 5.74 percent last week, Freddie Mac reported Wednesday.
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U.S. mortgage applications fell for   the first time in four weeks even as interest rates dropped to   a six-month low, an industry trade group said on Wednesday,   providing further evidence the country's housing market slump   is deepening.
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New applications for U.S. home loans  fell last week as 30-year mortgage rates declined to their  lowest level since late March, an industry group said on  Wednesday.
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Mortgage rates around the country went up last week, although 30-year mortgages still were below 6 percent for a sixth straight week.
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The number of new mortgages granted to home buyers fell to 62,000 in December, mortgage lenders say.
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Investor's Business Daily - The Mortgage Bankers Association's application index fell 7.6% to 603.8 in the week ended Dec. 21, the lowest since Dec. '06, despite lower borrowing costs. Both home purchase and refi applications fell. Mortgage applications have been especially volatile in recent weeks. Fixed 30-year mortgage rates fell 8 basis points to 6.1%. One-year adjustable rates tumbled 46 basis points to a 1-month low of 6.03%.  U.S. commercial paper issuance grew by $1.2 bil in the week ended Dec. 26 to $1.785 tril, after a big decline in the previous week, the Fed said. But asset-backed paper fell by $15. ...
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WASHINGTON - Interest rates on short-term Treasury bills fell in auction yesterday with the rate on six-month bills dropping to the lowest level in a month.
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Business & money: Sixth successive month of price falls, and mortgage lending at two-year low despite rate cuts
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WASHINGTON, Aug. 19 (Xinhuanet) -- The average interest rate of 30-year mortgages in the United States declined to the lowest level in four months this week, US mortgage giant Freddie Mac reported on Thursday.
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Interest rates on U.S. 30-year mortgages edged slightly lower in the latest week, continuing to offer an enticing rate to prospective home owners, mortgage finance company Freddie Mac said on Wednesday.
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Investor's Business Daily - Despite rising interest rates, the Mortgage Bankers Association&#39;s seasonally adjusted index of application activity edged up 6.6% to 666.5 in the week ending June 8. Its index of purchase activity rose 7.2%, while refinancing activity climbed 5.6%. Analysts called it a scramble to head off rising borrowing costs. Mortgage rates are at their highest since mid-&#39;06.
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New applications for US home loans fell last week as 30-year mortgage rates declined to their lowest level since late March, an industry group said on Wednesday.
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