Below is a report that indicates that the mortgage rates are starting to move up. It is predicted that by the end of the year the rates will be close to 6%. Freddie Mac’s weekly survey put the average rate for a 30-year fixed-rate mortgage (FRM) at 5.01% with a 0.7 origination point for the… Read More
Mortgage Applications Decrease
U.S. mortgage applications fell for the first time in four weeks, reflecting a dramatic drop in demand for home refinancing loans, data from an industry group showed today. The Mortgage Bankers Association’s (MBA) Market Composite Index for the week ending January 22, 2010 decreased 10.9 percent on a seasonally adjusted basis from one week earlier… Read More
Mortgage applications edge up in latest week (USA Today)
Mortgage Applications Rose Slightly Last Week
relistr.com Mortgage Applications Rose Slightly Last Week Real Estate News Real Estate For Sale Housing Mortgage Realtor Broker Contractor. … Stan Humphries, chief economist at real estate website Zillow.com based in Seattle, said mortgage refinancings are being held back for various reasons. “A lot of refinances have already been done,” Humphries said. “Those that haven’t been done are likely attributable to either homeowners who aren’t in a position to refinance …




