Mortgage Applications Fell Last Week--MBA
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Applications for U.S. home mortgages declined last week as refinancing activity fell and mortgage rates were little changed, an industry group said on Wednesday.
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Applications for home mortgages tumbled last week as short-term interest rates soared and refinancing requests fell back to November levels, an industry group said on Wednesday.
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Investor's Business Daily - The Mortgage Bankers Assoc.&#39;s mortgage applications index rose 5.5% in the week ended Sept. 7 as interest rates fell to the lowest since May. Analysts said tighter lending standards may be prompting borrowers to file more than one application. The average 30-year fixed mortgage rate fell 0.17 point 15 6.25%. The refi share of applications increased 0.7 point 15 42.1%.
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New applications for US home loans dropped more than 9 percent last week even as average 30-year mortgage rates also eased from the previous week, an industry group said on Wednesday.
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Applications to buy and refinance  homes dropped last week, an industry trade group said on  Wednesday, the latest sign that U.S. housing remains mired in a  downturn.
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New applications for U.S. home loans fell last week after a brief bounce, as 30-year mortgage interest rates edged up, an industry group said on Wednesday.
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During a holiday-shortened week, U.S.  consumer's applications for home refinancing and purchasing  fell in spite of a drop in fixed mortgage rates, an industry  group said on Wednesday.
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Business & money: Housing market slows as mortgage approvals fall.
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Applications for home mortgages  tumbled last week as short-term interest rates soared and  refinancing requests fell back to November levels, an industry  group said on Wednesday.
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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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The number of mortgages approved in December fall for the seventh month in a row, with 38% fewer mortgages approved than a year earlier.
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New applications for U.S. home loans climbed last week, as most mortgage rates fell from the previous week, an industry group said on Wednesday.
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New applications for U.S. home loans  fell last week even as average 30-year mortgage rates decreased  from the previous week, an industry group said on Wednesday.
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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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The number of mortgages approved by banks fell for the fourth month in a row in September, figures show.
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New applications for U.S. home loans  climbed last week, as most mortgage rates fell from the  previous week, an industry group said on Wednesday.
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Investor's Business Daily - The Mortgage Bankers Assn. index of applications to buy or refinance a home fell 7.3% last week to 636.4 amid higher interest rates. It was the biggest drop in 4 months. The average 30-year fixed rate rose to 6.32%, the highest since Oct., from 6.23% the week before.