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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The Mortgage Bank Association announced a decline in home loan appilcations. Department of Labor announces a spike in CPI rates.
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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&#39;s figures showed Wednesday.
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New applications for U.S. home loans  dropped more than 9 percent last week even as average 30-year  mortgage rates also eased from the previous week, 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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There was a sharp slowdown in mortgage lending last month, says the Council of Mortgage Lenders.
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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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U.S. mortgage applications dropped more than 5 percent last week to their lowest level this year even as interest rates fell, an industry trade group said on Wednesday.
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MORTGAGE lending fell again last month, a further sign that the housing bubble has burst. About Â£25.4bn was lent by banks and building societies last month, down 4% on August and the second monthly fall in
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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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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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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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New applications for US home loans fell last week from a four-month high even 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 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,   offering more evidence the country's housing market slump is   deepening.
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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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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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Business & money: Numbers of buyers unable to purchase first home slump to the lowest level since 1980