The average rate on a 30-year fixed-rate mortgage dropped to 4.69 percent this week from 4.75 percent last week, Freddie Mac reported Thursday. That marks the lowest level since the company started tracking the data in 1971 and breaks the most recent low set in December. Rates have hovered below 5 percent since early May. » Read more…
Tag Archives: mortgage application
Mortgage rates hit all-time low, but lending activity remains quiet
Posted by MORTGAGE BLOG NEWS on March 3, 2011
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Mortgage Applications Rise 4.9 Pct. on Low Rates
Posted by MORTGAGE BLOG NEWS on March 2, 2011
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Borrowers rush to refinance on lowest rates in decades, loan applications rise by 4.9 percent
Mortgage applications rose 4.9 percent last week as more borrowers refinanced at the lowest rates in decades. » Read more…
Mortgage Applications Dip Despite Rates
Posted by MORTGAGE BLOG NEWS on March 2, 2011
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Mortgage applications fell for the third straight week even as mortgage rates remain near all-time lows. » Read more…
U.S. Mortgage Applications Fall for Fifth Week on Refinancing
Posted by MORTGAGE BLOG NEWS on March 2, 2011
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The number of mortgage applications in the U.S. declined for a fifth straight week, led by a drop in refinancing even as mortgage rates fell to a record low. » Read more…
Mortgage Applications Dip Despite Rates
Posted by admin on February 23, 2011
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Mortgage applications fell for the third straight week even as mortgage rates remain near all-time lows.
Mortgage loan applications decreased 1.4% on a seasonally adjusted basis in the week ended Sept. 17, the Mortgage Bankers Association said Wednesday.
Refinancing applications decreased by 0.9% from the previous week, also the third consecutive week-over-week decline, while new home purchase loan applications decreased by 3.3%. » Read more…