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 ‘us mortgage’
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
Mortgage applications rise in first week of 2010
January 13th, 2010 by Financial Writer
U.S. mortgage applications rose in the first week of 2010, reflecting surging demand for home refinancing loans as interest rates dropped, industry data showed on Wednesday.
Demand for loans to purchase a home, however, only rose marginally. A continuation of this trend would not bode well for the U.S. housing market, which has been showing signs [...]
Tags: home refinancing, interest rates, loans, mortgage applications, us housing market, us mortgage