U.S. mortgage applications fell for a third straight week, with demand for home purchase loans sinking to the lowest level in 13 years as inclement weather weighed, data from an industry group showed on Wednesday. » Read more…
Tag Archives: homebuyers
Home purchase loan demand at lowest since 1997
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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U.S. MBA Mortgage Applications Index Rose 13.6% Last Week
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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Mortgage applications in the U.S. rose by the most in seven weeks as the looming end of the homebuyer tax credit helped spark the biggest rise in purchases since January. » Read more…
US mortgage demand stirred by drop in loan rates
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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U.S. mortgage applications bounced from three-month lows last week as potential buyers locked in lower borrowing costs before the federal tax credit expires, the Mortgage Bankers Association said on Wednesday. » Read more…
Mortgage rates on the rise again
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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Homeowners comfortable with debt levels before latest rate hikes: CMHC
A new survey says more than four out of five homebuyers feel comfortable with their debt but another hike in interest rates might get Canadians squirming next time they’re polled. » Read more…
MBA: Overall Mortgage Demand Falls Despite Rising Purchase Apps
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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A significant drop in refinancing applications offset rising purchase applications last week, leading to a decrease in overall demand for U.S. mortgages. » Read more…