Loan Demand To Buy Homes Sinks To13-year Low

NEW YORK (Reuters) - Demand for loans to buy U.S. homes shriveled to a 13-year low last week, following the expiration of federal tax credits, while near-record low mortgage rates stoked refinancing, the Mortgage Bankers Association said on Wednesday.

Topics:  york reuters     demand   u.s    mortgage bankers association   loan   buy   homes   
BING NEWS:
  • Mortgage demand has fallen 41% since Fed’s 50 bps cut
    Mortgage applications dropped for a sixth straight week on the back of higher interest rates, the Mortgage Bankers Association reported.
    11/6/2024 - 2:22 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News