Mortgage Rates Across the US Climb
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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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US mortgage applications climbed 12 percent last week as the lowest mortgage rates in four months prompted consumers to buy homes and refinance loans.
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Mortgage rates rose this week, although 30-year mortgages were still below the 6 percent level for a fourth week, Freddie Mac said 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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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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Long-term mortgage rates aroundthe United States moved up this week, but rates on 30-year mortgages for all of 2004 registered their second-lowest year on record, the mortgage wholesaler Freddie Mac reported Wednesday.
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New applications for U.S. home loans rose, spurred by a rise in mortgage refinancings 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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Overall applications for US home loans rose last week, spurred by a rise in mortgage refinancings, as 30-year mortgage rates eased to their lowest since early April, an industry group said on Wednesday.
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Mortgage foreclosures in the United States jumped to a record in the first half as rising interest rates and falling home prices battered homeowners.
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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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Gross mortgage lending rose in January despite unsettled market conditions, industry figures show.
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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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New applications for U.S. home loans rose last week to their highest level in four months even though mortgage rates ticked upward from their recent lows, an industry group said on Wednesday.
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Some UK mortgage rates are rising as a direct consequence of the recent turmoil in world financial markets.
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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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Mortgage rates climbed for the second consecutive week on news that the economy may soon be improving, according to surveys conducted by mortgage buyer Freddie Mac and Bankrate.
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New applications for U.S. home  mortgages increased last week, as purchase activity rose amid  lower mortgage rates, an industry group said on Wednesday.