Home loan demand slumps despite lower rates
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U.S. mortgage applications fell for a second consecutive week, reflecting a drop in demand for home purchase and refinancing loans even as interest rates sank, 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 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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Mortgage borrowing rose at its slowest monthly pace in more than two years in September and approvals for home loans dropped to a four-year low, in another sign that the housing market has turned.
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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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U.S. mortgage applications last week  sank to their lowest level in over four years, as home purchase  loan demand tumbled for the third straight week, an industry  trade group said on Wednesday.
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New applications for U.S. home loans rose last week while refinancings surged, as 30-year mortgage interest rates fell to their lowest level in over four months, an industry group said on Wednesday.
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Analysts say 12 percent decline points to a slowing in demand because of higher interest rates. By Courtney Schlisserman. US sales of new homes fell 12 percent in November, the sharpest decline in more than
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Mortgage applications rose for a second straight week, fueled by demand for home loans as interest rates sank to their lowest since May, an industry group's figures showed Wednesday.
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Higher interest rates significantly slowed down house price growth in June, a leading survey says today, adding to mounting evidence that the housing market is running out of steam.
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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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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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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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U.S. mortgage applications declined  last week, dragged down by sinking demand for home refinancing  with long-term interest rates at their highest level since  October, an industry group said on Wednesday.
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U.S. new home sales fell more than expected in July to the their lowest pace since December, as higher mortgage rates cooled the housing market, a government report showed on Wednesday.
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UNITED KINGDOM - The process of property market weakening has been recently observed due to declining mortgage lending for the last two months in a row in the UK.
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Interest rates on US 30-year and 15-year mortgages have moved lower following last week&#39;s disappointing jobs report that suggested economic growth had slowed, mortgage finance company Freddie Mac said on Thursday.