Demand for U.S. home loans rose to a six-week high on a mini refinance wave, with borrowers pushing to lock in rates before they climb later this year, the Mortgage Bankers Association said on Wednesday,
Applications to buy homes and refinance loans jumped last week to mid-December levels as average 30-year mortgage rates held near 5 [...]
Posts Tagged ‘mortgage rates’
U.S. mortgage demand at six-week highs on refinance wave
February 3rd, 2010 by Financial Writer
Tags: borrowers, great depression, mortgage bankers, mortgage rates, refinance loans, us home loans, us mortgage
more...U.S. mortgage demand up for third week as rates drop
January 20th, 2010 by Financial Writer
Demand for U.S. home loans rose last week for the third straight week as mortgage rates fell to a one-month low and stoked refinancing, an industry group said on Wednesday.
Borrowers are rushing to take advantage of low borrowing costs and other incentives while they last.
The Mortgage Bankers Association’s index of total home loan applications rose [...]
Tags: borrowers, mortgage bankers association's, mortgage rates, us home loans, us mortgage