Mortgage Applications Decline - MBA
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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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Investor's Business Daily - The Mortgage Bankers Association&#39;s applications index rose a seasonally adjusted 1.3% to 622.9 in the week ended Aug. 31, but multiple applications and refilings caused by recent credit problems may have played a role. Activity could slow on higher interest rates. The MBA said a dearth of demand for short-term loans sent 1-year ARM rates to 6.52%, near week-ago levels but well above longer-term rates. Average 30-year mortgages edged up to 6.42% from 6.41%. ARMs made up just 12.6% of applications in the week, down from more than 30% just a few weeks ago.
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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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Business & money: The number of new mortgage approvals fell to its lowest level in over two years in September.
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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.
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U.S. mortgage applications fell last  week, reflecting a decline in home refinancing loans as  interest rates climbed, an industry trade group said on  Wednesday.
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Applications for U.S. 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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The number of mortgage approvals for home buying fell again in December, the Bank of England says.
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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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U.S. mortgage applications declined  last week, dragged down by sinking demand for home refinancing  with long-term interest rates at their highest level since  October, an industry group said on Wednesday.
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Investor's Business Daily - The Mortgage Bankers Association's application index fell 7.6% to 603.8 in the week ended Dec. 21, the lowest since Dec. '06, despite lower borrowing costs. Both home purchase and refi applications fell. Mortgage applications have been especially volatile in recent weeks. Fixed 30-year mortgage rates fell 8 basis points to 6.1%. One-year adjustable rates tumbled 46 basis points to a 1-month low of 6.03%.  U.S. commercial paper issuance grew by $1.2 bil in the week ended Dec. 26 to $1.785 tril, after a big decline in the previous week, the Fed said. But asset-backed paper fell by $15. ...
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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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Applications for U.S. home mortgages fell last week, which was shortened by the Thanksgiving holiday, as mortgage rates edged higher, 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 declined for the second consecutive month as a result of the slowing housing market, says the Council of Mortgage Lenders.
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The number of mortgages approved for house purchases fell by more than a fifth in July, the British Bankers' Association says.
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Applications for U.S. home mortgages  rose last week, as mortgage rates fell, an industry group said  on Wednesday.