Mortgage Applications Rise Last Week -MBA
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New applications for U.S. home loans rose last week along with mortgage refinancings as 30-year mortgage rates eased to their lowest levels in six months, an industry group said on Wednesday.
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Mortgage rates around the country rose this week but are still at levels that should continue to provide support to the vibrant housing market, analysts say.
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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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Interest rates on U.S. 30-year and 15-year mortgages rose in the latest week as an improving economy stoked fears of inflation, mortgage finance company Freddie Mac said on Thursday.
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U.S. mortgage applications rose for a  second consecutive week, driven by increased demand for home  purchase loans as interest rates remained near a recent  four-year high, an industry trade group said on Wednesday.
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The number of mortgages approved rose to 120,000 in July, the highest since the start of 2006.
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Interest rates on US 30-year and 15-year mortgages rose in the week as the market digested October&#39;s strong jobs report which showed economic growth may be gaining steam, mortgage finance company Freddie Mac said on Thursday
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New applications for U.S. home loans  rose last week as refinancing activity accelerated amid  relatively flat 30-year mortgage rates, an industry group said  on Wednesday.
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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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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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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.
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Bank mortgage approvals rose by 3.7% in October, compared with the same time last year, industry figures show.
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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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U.S. home loan refinancing  applications surged last week, industry trade group figures  showed on Wednesday, as consumers sought to lock in rates ahead  of a widely expected interest rate hike by the Federal Reserve  at the end of June.
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Mortgage rates around the country went up this week, although 30-year mortgages still were below 6 percent for a sixth straight week.
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New applications for U.S. home loans  rose last week as 30-year mortgage rates eased to their lowest  level since early April, an industry group said on Wednesday.
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New applications for U.S. home loans climbed last week, as most mortgage rates fell from the previous week, an industry group said on Wednesday.