Mortgage Apps Rise Even as Rates Soar


Mortgage Apps Rise Even as Rates Soar

Rates on U.S. home mortgages surged to the highest level in close to two years last week.

U.S. Home Loan Banks Overexposed in Europe, Audit Finds

The U.S. Federal Home Loan Banks? unsecured lending to foreign institutions skyrocketed last year as the European sovereign debt crisis intensified, raising concerns about their risk management, an auditor’s report said today.

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 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.

Us Mortgage Purchase Demand Rises; Refies Sag

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

Us Mortgage Applications Bounced Last Week

Applications for U.S. home mortgages rose last week, recouping some of the steep decline a week before as demand for both purchases and refinancing perked up, an industry group said on Wednesday.

FOXBusiness: Home Prices Tumble, but No Record

U.S. home prices fell 18.6% in February from a year earlier but the rapid pace of decline slowed, perhaps indicating the housing market may be nudging closer to a bottom, according to Standard & Poor’s/Case-Shiller Home Price Indices released on Tuesday. (1 min to go)