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Comparison shop for mortgage quotes, refinance quotes and home equity loan offers. Get up to 4 free quotes from one 60 second application.
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By Bloomberg News. The number of mortgage applications declined last week as fewer people refinanced, a survey by a private group found.
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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.
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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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Bye-bye, PMI. So long, souped-up interest. Time to streamline your mortgage budget.
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Investor's Business Daily - The National Assoc. of Realtors cut its &#39;07 outlook for the fourth consecutive month. Home resales will fall to 6.18 mil from last month&#39;s forecast of 6.29 mil and well below the initial 6.42 mil forecast. The median existing-home sales price will fall 1.3%, more than the previously forecast 1% slide. The median new-home price will fall 2.3% to $240,800, reversing the Jan. forecast for a 2% gain, NAR said.
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Mortgage rates inched up this week, but remained well below the year-high levels set in the spring. Freddie Mac, in its weekly survey released Thursday, reported that rates on 30-year, fixed-rate mortgages
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30-year fixed home loans remain appealing, but variable rates have been on the move up. By Sandra Block. If you&#39;re hoping an adjustable-rate mortgage will help you afford your dream house, you may want to rethink those granite countertops.
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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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Investor's Business Daily - The Mortgage Bankers Assoc.&#39;s application index rose 0.9% to 631.6 in the week ended July 13, as homeowners rushed to refinance their loans due to fears that interest rates will head higher. Homebuyer applications fell. The 4-week moving average of applications fell 0.5%, down for the 8th straight week.
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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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Rates on 30-year and 15-year mortgages dipped this week. Rates on 30-year, fixed-rate mortgages averaged 5.74 percent, mortgage giant Freddie Mac said in its weekly survey released Thursday.
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Fresh signs of strength in the economy have caused mortgage rates to rise. Mortgage company Freddie Mac says the average for a 30-year fixed-rate mortgage is now 5.81 percent, up sharply from 5.72 in last week&#39;s survey.
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Interest rates on US 30-year and 15-year mortgages edged higher this week amid signs the economy is improving, stoking inflation concerns, mortgage finance company Freddie Mac said on Thursday.