Sharp fall in mortgage approvals
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The number of mortgages approved by banks fall for the fifth month in a row in October, figures show.
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The number of US mortgage refinancings fell sharply last week suggesting that the refinancing boom may have run its course even as rates eased, economists said.
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A disappointing November employment report helped push mortgage rates lower this week, according to Freddie Mac&#39;s weekly mortgage survey.
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MCLEAN, Va. -- Mortgage rates have eased with help from last week&#39;s disappointing government numbers on new jobs. The mortgage company Freddie Mac reports that 30-year fixed-rate mortgages now average 5.74 percent, down from 5.82 in last week&#39;s survey.
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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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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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Mortgage lending has fallen for two successive months for the first time in four years, reinforcing observations of a weakening property market.
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The number of mortgages approved by banks fell 22% in August compared to the same month last year, figures show.
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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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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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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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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 continued their downward slide reaching their lowest point since the first of the year on slower growth in the market, according to a survey released Wednesday.
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The number of mortgage approvals fell to a record low during December, industry figures show.
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Mortgage applications barely advanced  last week even as interest rates sank to their lowest levels  since May, an industry group said on Wednesday, largely  reflecting the increasing difficulty borrowers face to obtain a  loan as banks tighten lending standards.
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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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Applications for U.S. home mortgages dropped last week as a decrease in purchasing activity offset an increase in refinancing activity, an industry group said on Wednesday.