Mortgage Applications Surge 32.2 Percent

U.S. mortgage applications jumped last week as record low interest rates spurred a surge in demand for home refinancing loans, data from an industry group showed on Wednesday.

Topics:  surge   mortgage applications   
BING NEWS:
  • Mortgage refinance demand surges 27% as interest rates drop
    Mortgage rates dipped again last week, causing a 27% rise in mortgage refinance applications. Editor-in-Chief at Investopedia Caleb Silver explains why mortgage rates are lowering.
    12/12/2024 - 2:04 am | View Link
  • Homebuyers Defy High Rates in Stunning Market Surge—What’s Driving the Comeback?
    Redfin’s Homebuyer Demand Index has climbed to its highest level since September 2023, signaling a steady rise in housing market activity. The index, which tracks home tours and ...
    12/12/2024 - 2:02 am | View Link
  • Mortgage Applications Continue Rising Trends
    Applications for VA financing soared 85% over the previous week. The FHA share of total applications rose 0.5% to 16.5% while the USDA share remained unchanged at 0.4%. Adjustable-rate mortgages fell ...
    12/11/2024 - 10:17 pm | View Link
  • Mortgage demand is up 5.4% as interest rates ramp down
    Mortgage demand rose 5.4% during the week ending Dec. 6, stemming from an increase in refinances and lower interest rates.
    12/11/2024 - 4:33 am | View Link
  • Mortgage Applications Continue Steady Climb
    Weekly Mortgage Applications Survey, mortgage applications are up 5.4% as of December 6th, continuing a three-week pattern of growth.
    12/11/2024 - 3:06 am | View Link
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