Demand for purchase loans fell to a seasonally adjusted 4 percent from two weeks ago and 12 percent from a year ago, according to the…
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Applications to refinance fell 41 percent from a year ago as rates increased for the third week in a row, according to The Mortgage Bankers…
Purchase loans were up 5 percent last week and applications by homeowners to refinance existing mortgages were up 0.4 percent week over week, according to…
Requests to refinance accounted for almost two-thirds of all mortgage applications during the week ending Nov. 5. Source: Inman News
Most of the decline in mortgage rates came later in the week, too late to prevent demand for refinancing from dropping to the lowest level…
With the Federal Reserve expected to begin tapering its purchases of mortgage-backed securities as soon as November, market forces are pushing mortgage rates higher. Source:…
A new report from CoreLogic finds that the typical home in Wyoming is nearly three times as likely to go up in flames as one…
An uptick in mortgage rates following last week’s Federal Reserve meeting cooled demand for both purchase mortgages and refinancing, particularly for government-backed FHA, VA and…
Extreme weather could strain flood insurance to breaking point, undermine home prices and drive mortgage defaults, according to the Mortgage Bankers Association. Source: Inman News