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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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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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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Applications for US 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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U.S. mortgage applications fell last  week as interest rates hit their highest in over four years, an  industry trade group said on Wednesday.
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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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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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U.S. consumers' appetite to purchase  homes and refinance existing loans fizzled last week despite a  decline in mortgage rates, an industry trade group said on  Wednesday.
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The number of loans for house purchases fell by 35 per cent in October compared with the same month last year, providing further evidence of a slowdown in the housing market.
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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 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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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 declined last week as refinancing activity fell and mortgage rates were little changed, an industry group said on Wednesday.
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Mortgage applications fell for a second straight week as interest rates remained near recent highs, an industry group said on Wednesday.
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New applications for U.S. home loans eased last week for the second week in a row even though 30-year mortgage interest rates decreased slightly, 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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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.