U.S. mortgage applications surge; 30-year rate below 4 percent: MBA


Archive for the 'Mortgages' Category

U.S. mortgage applications surge; 30-year rate below 4 percent: MBA

NEW YORK – Applications for U.S. home mortgages surged by the most in more than six years last week as 30-year mortgage rates dropped below 4 percent for the first time since May 2013 on the back of falling U.S. government bond yields, data from an in…

U.S. mortgage applications rise in latest week: MBA

NEW YORK – Applications for U.S. home mortgages rose last week as interest rates dipped, an industry group said on Wednesday.

U.S. mortgage applications rose last week: MBA

Applications for U.S. home mortgages rose last week as activity picked up and rates fell, an industry group said on Wednesday.

U.S. mortgage applications fall in latest week: MBA

NEW YORK, Dec 3 Reuters) – Applications for U.S. home mortgages fell last week as refinancing applications dropped, an industry group said on Wednesday.

BofA and U.S. Bancorp Settle Lawsuit for $69M

Major banking bellwethers Bank of America Corporation and U.S. Bancorp settled a Securities Class Action lawsuit for $69 million.

Market flags another year of steady rates

The futures market has priced in a steady cash rate until mid-2016, which would nearly double the RBA's previous fence-sitting record.

US new-home sales creep higher in September

New single-family houses sold at an annual rate of 467,000, up 0.2 percent from the revised August rate of 466,000, the Commerce Department said. "This volatile report on US housing shows how difficult it has been to push sales of new homes higher…

RBNZ releases 2013-14 Annual Report

The Reserve Bank’s 2013 – 2014 Annual Report describes the Bank’s role and efforts in sustaining economic recovery, Governor Graeme Wheeler said today.

U.S. mortgage applications fall to lowest since Dec 2000: MBA

The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 7.2 percent in the week ended Sept. 5. Fixed 30-year mortgage rates averaged 4.27 perce…

New signs the housing market is approaching normal?

More fresh reads on housing this week as an industry group reported applications for home mortgages rose last week — driven by refinancing demand — and home improvement retailer Lowe's came out with second quarter earnings, lowering its outlook o…