Mortgage Applications Drop over Holidays

Despite near-record low interest rates, Americans had the holidays in mind and not mortgages, the Mortgage Bankers Association reported this morning in its Weekly Applications Survey for the weeks ending Dec. 25 and Jan. 1.

Mortgage Applications Drop over Holidays

Despite near-record low interest rates, Americans had the holidays in mind and not mortgages, the Mortgage Bankers Association reported this morning in its Weekly Applications Survey for the weeks ending Dec. 25 and Jan. 1.

Mortgage Applications Increase 2nd Straight Week in MBA Weekly Survey

No record-low interest rates this time, but the 30-year fixed rate was low enough to attract another push of refinance applications for the second straight week, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending December 18.

November Existing Home Sales Down 2.5%

Low housing inventories finally caught up with November existing home sales, which fell for the first time in five months, the National Association of Realtors reported yesterday.

Refis Up, Purchases Down in MBA Weekly Survey as Rates Hit New Low

With mortgage interest rates falling yet again to record lows, homeowners took advantage to refinance; purchase buyers, not so much, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending December 4.