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…
Tag Archives: mortgage bankers association
MBA: Overall Mortgage Demand Falls Despite Rising Purchase Apps
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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MBA: Overall Mortgage Demand Falls Despite Rising Purchase Apps
Posted by MORTGAGE BLOG NEWS on March 4, 2011
None comments
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…
Mortgage Rates Stay Flat, Thanks to Greece
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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Mortgage rates stayed flat last week, rising just slightly to 5.08% from 5.04% one week earlier, according to the Mortgage Bankers Association. So far, the big rise in rates that some had expected when the Federal Reserve ended its mortgage-backed securities purchase program last month hasn’t materialized. » Read more…
Mortgage Foreclosures Hit Record as Job Losses Strain Budgets
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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A record share of U.S. mortgages were in foreclosure in the first quarter as job losses caused homebuyers to fall behind on monthly payments, thwarting government efforts to stem property seizures. » Read more…
Mortgage delinquency at record high, but borrowers falling behind at slower rate
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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The number of U.S. homeowners who are behind on their mortgages rose to a record level in the first quarter, according to industry data released Wednesday that also included tentative signs that the nation’s foreclosure crisis may be starting to ease. » Read more…