Mortgage Applications Off in Aug. 20 Week
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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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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.
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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.
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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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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 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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The number of mortgages approved by banks fell 22% in August compared to the same month last year, figures show.
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Applications for U.S. home mortgages fell last week with the number of business days truncated by the U.S. Thanksgiving holiday, an industry group said on Wednesday.
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Applications for U.S. home mortgages dropped last week as refinancing and purchasing activity slumped in a holiday shortened week, an industry group said on Wednesday.
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New applications for U.S. home loans  fell last week as 30-year mortgage rates reached their highest  levels in a month, an industry group said on Wednesday.
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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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Applications for U.S. home loans fell  6.3 percent last week after a brief bounce in early August  spurred by a drop in mortgage rates, an industry group said on  Wednesday.
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Applications for U.S. home mortgages rose last week, as mortgage rates fell, an industry group said on Wednesday.
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The meltdown in the mortgage market caused the biggest drop on record in August for pending home sales, taking the index down to the lowest level since the month that included the Sept. 11, 2001 terrorist attack.
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Investor's Business Daily - The Mortgage Bankers Association&#39;s applications index rose a seasonally adjusted 1.3% to 622.9 in the week ended Aug. 31, but multiple applications and refilings caused by recent credit problems may have played a role. Activity could slow on higher interest rates. The MBA said a dearth of demand for short-term loans sent 1-year ARM rates to 6.52%, near week-ago levels but well above longer-term rates. Average 30-year mortgages edged up to 6.42% from 6.41%. ARMs made up just 12.6% of applications in the week, down from more than 30% just a few weeks ago.
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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 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%.