U.s. Mortgage Applications Jump; Rates At Record Low

NEW YORK (Reuters) - 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.

Sections:  news   business   
RELATED ARTICLES
BING NEWS:
  • Mortgage Applications Dip As Rates Climb: 'It Is Still Cheaper To Rent Than Purchase For 82 Out Of 97 Major Cities'
    The U.S. mortgage market hit a speed bump last week as rising interest rates pushed application activity lower, breaking a five-week streak of growth. According to the Mortgage Bankers Association ...
    12/18/2024 - 4:00 am | View Link
  • Mortgage Rates Jump Abruptly Higher After The Fed's Rate Cut
    If anyone needed any further convincing that a Fed rate cut is no guarantee of lower mortgage rates, today is a great piece of evidence.  Perhaps "great" is the wrong word.  There was nothing great ...
    12/18/2024 - 3:19 am | View Link
  • Mortgage demand drops for the first time in 5 weeks, after interest rates rise
    The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 6.75% from 6.67% Refinance demand fell 3% for the week. Applications ...
    12/17/2024 - 11:00 pm | View Link
  • Mortgage Applications for New Homes Up 7.2%
    Builder Application Survey (BAS) data shows mortgage applications for new homes are up from last year.  Joel Kahn, MBA’s Vice President and Deputy Chief Economist, said, “Applications to purchase ...
    12/17/2024 - 3:30 am | View Link
  • U.S. Mortgage Delinquencies Continue to Rise in September
    The foreclosure inventory rate in September 2024 continues near the lowest rates seen since 1999. To gain a complete view of the mortgage market and loan performance health, CoreLogic examines all ...
    12/12/2024 - 1:05 am | View Link
  • More

 

Comment On This Story

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