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Investor's Business Daily - Applications rose 2.4% in the week ended Sept. 14, the 3rd straight gain, the Mortgage Bankers Association said. Applications to refinance rose 4.6% as borrowers sought to prevent rate resets from boosting their monthly payments. Home purchase applications rose 0.9%. Fixed 30-year mortgage rates rose 4 basis points to 6.29%. The 1-year adjustable rate rose to 6.39% from 6.34%.
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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 - 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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Interest rates on U.S. 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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Interest rates on U.S. 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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Don't think you have to pay 6% on a real estate transaction -- it's negotiable!
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Mortgage applications rose last week to the highest level in four months, according to a private survey. The survey, the Mortgage Bankers Association&#39;s gauge of loan applications, increased 7.7 percent to
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WASHINGTON -- Rates on 30-year and 15-year mortgages fell this week to the lowest levels seen in six months, good news for people wanting to buy a home or refinance.
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Investor's Business Daily - Even before Tuesday's 0.75% slash in the federal funds rate by the Federal Reserve, mortgage rates had been sliding. Last week's cut pulled down home loan rates more.
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Investor's Business Daily - The Mortgage Bankers Association said its mortgage applications index fell 3.8% in the June 22 week to the lowest level in 4 months. Applications are still 16.8% above the year-ago level. Mortgage rates held near recent highs. Refinance applications slid 2.5% to its lowest level of the year. Applications for buying a home fell 4.9%, but only to a 4-week low.
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The Mortgage Bankers Association reported today that mortgage holders starting the foreclosure process in the April-June quarter reached 0.65 percent.
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Rates on 30-year and 15-year mortgages fell this week to the lowest levels seen in six months, good news for people wanting to buy a home or refinance.