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: mortgage bankers association
Home purchase loan demand at lowest since 1997
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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Home loan demand nudge higher in latest week
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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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…
Foreclosure rates up by smallest amount in 4 years
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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The foreclosure crisis isn’t over, but the pace of growth may finally be slowing down. RealtyTrac Inc. said Thursday that the number of U.S. households facing foreclosure in February grew 6 percent from the year-ago level, the smallest annual increase in four years. » Read more…
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…