Interest rate surge hammers mortgage applications


Interest rate surge hammers mortgage applications

An unrelenting surge in interest rates for home mortgages pushed borrowing costs to their highest level in two years.

Interest Rate Surge Hammers Mortgage Applications

An unrelenting surge in interest rates for home mortgages pushed borrowing costs to their highest level in two years.

Mortgage Applications Skid as Interest Rates Jump

Interest rates on home mortgages rose last week to hit their highest level in over a year, hurting demand from potential homeowners.

Mba: Mortgage Applications Fell Last Week As Refis Dropped

Applications for home mortgages fell last week as demand for refinancing dropped for the fourth week in a row, though interest in purchases rose, an industry group said on Wednesday.

National Mortgage Applications Fell Last Week

Applications for government mortgage refinancing hit an all time high last week, even as total applications for home mortgages nationwide fell, an industry group said on Wednesday.

Weekly Mortgage Applications Fall as Refinancings Slump

Applications for U.S. home mortgages fell last week, dragged lower by a slump in refinancings, but demand for new purchases improved, an industry group said on Wednesday.

Mortgage applications down as purchase demand falls

NEW YORK – Applications for home mortgages slipped last week, pulled lower by a steep drop in demand for home purchases, an industry group said on Wednesday.

Mortgage applications slide at end of December

Demand for loans to buy homes and refinance mortgages slid in the final week of 2011, even as mortgage rates dipped, an industry group said on Wednesday.

Mortgage Applications Slip

Applications for U.S. home mortgages fell 2.6% last week as low interest rates failed to be enough to entice home buyers, according to the Mortgage Bankers Association.

Mortgage purchase demand rises

Purchase applications for home mortgages rebounded last week, but demand for refinancing sagged for a second week in a row, an industry group said on Wednesday.