Category Archives: Mortgage Applications

January home sales data expected to show increase

Posted by MORTGAGE BLOG NEWS on March 5, 2011 None comments

Sales of previously occupied homes are expected to be up slightly for January after a sharp drop in December as demand remained stable despite a stormy winter in much of the country. » Read more…

World stocks rally ahead of key US jobs news

Posted by MORTGAGE BLOG NEWS on March 5, 2011 None comments

World stock markets rose Friday as investors grew more confident about key U.S. jobs data later following some encouraging signals earlier this week and worries about the Greek debt crisis subsided following a successful bond issue. » Read more…

Employment data show signs of a turning point

Posted by MORTGAGE BLOG NEWS on March 5, 2011 None comments

The U.S. jobs market appears to be at a turning point.

After more than two years of staggering pain for workers, the latest employment data include signs that a historic wave of heavy job losses may be ending, although only modest gains are expected in the near future. » Read more…

Economists see Fed rate hike in 6 months

Posted by MORTGAGE BLOG NEWS on March 5, 2011 None comments

Most U.S. business economists expect the Federal Reserve to raise benchmark interest rates within six months by between a quarter and a half percentage point, according to a survey released on Monday. » Read more…

Home loan demand nudge higher in latest week

Posted by MORTGAGE BLOG NEWS on March 5, 2011 None comments

U.S. mortgage applications nudged up last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday. » Read more…