Today’s mortgage and refinance rates Average mortgage rates rose yet again yesterday. But it was the smallest increase for a couple of weeks. Is that any consolation? Unfortunately, mortgage rates […]
Mortgage And Refinance Rates Today, Feb. 23 | Rates steady The Mortgage Reports
Thomas A. Ferrara/Newsday RM via Getty Images)Mortgage rates reached their highest level since November last week, cooling off home purchase and refinance applications ahead of the all-important spring selling season.
The post Rising Rates Damp Mortgage Applications Ahead of Spring Selling Season appeared first on Real Estate News & Insights | realtor.com®.
Severe winter weather and another hike in mortgage rates stifled loan volume for the week, according to the Mortgage Bankers Association.
Today’s mortgage and refinance rates Average mortgage rates rose again yesterday. And the rise was sharper than looked likely first thing that morning. When we say that markets can turn […]
Posted To: MND NewsWire
The volume of mortgage applications for both home purchase and refinancing fell for the third straight time during the week ended February 19. The Mortgage Bankers Association (MBA) says its Market Composite Index, a measure of that volume, dropped 11.4 percent on a seasonally adjusted basis. It was the largest single week decline since the week ended April 3, 2020. On an unadjusted basis the index was down 10.0 percent. The Refinancing Index decreased 11 percent from the previous week but was still 50 percent higher than the same week one year ago. The refinance share of mortgage activity decreased to 68.5 percent of total applications from 69.3 percent the previous week. The seasonally adjusted Purchase Index dropped 12 percent and was 8 percent lower before adjustment. Activity was 7 percent…(read more)
The following is a guest post by Eric Lindeen, of Anna Buys Houses. The second quarter of 2020 marked the highest U.S. mortgage delinquency rate (reported as 60-days past due) since 1979. Amidst the chaos of the pandemic, federal and state governments have made efforts to protect against the financial strain U.S. consumers are enduringâincluding… Read More
The post Forbearance of Foreclosure? How to Keep Your Credit and Homeownership Intact appeared first on Credit.com.
Mortgage applications fell last week by more than 11%, with experts blaming the low numbers on the unprecedented winter storm that hit Texas.
The post Texas storm deflates mortgage application numbers appeared first on HousingWire.
Today’s mortgage and refinance rates Average mortgage rates edged up again last Friday. That was disappointing after Thursday’s small fall. But hardly a surprise, given the sharp rises earlier in […]
Mortgage rates hit (another) all-time low CNN