New home sales fall 0.3% in October The flurry of new launches has seen sell-through rates fall as developers also scrambled to find buyers,” Ma said. Buying interest also remained weak. “Home sales in the secondary market plunged 67.
A very slight inch higher in interest rates caused a more than slight drop in mortgage application. Mortgage applications down 4.3%; refinancing falls.. and more activity on the higher end.
Purchases Up Despite Holiday Slump in Mortgage Apps. Refinance applications tumble. Nov. 29, 2017. By Mortgage Daily staff. Although overall applications for home loans diminished in the week that included Thanksgiving, applications for loans to finance home purchases increased.
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U.S. mortgage applications jumped to their highest level in 2-1/2 years, led by a surge in refinancing activity, as some home borrowing costs declined to their lowest levels in more than a year.
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Mortgage activity rose across the U.S. last week as mortgage rates continued along their downward trend.. U.S. mortgage refinance applications declined by 6.2 percent last week to their lowest.
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5–Mortgage applications tumble 12.9% as refinancing activity falls 15.3%, Housingwire Excerpt: The level of mortgage applications took a turn for the worse last week, as refinancing activity declined significantly.
Mortgage application volume falls 2% last week even as purchase applications rise to the highest level of the year.. Mortgage Activity Falls, Purchase Applications Rise.. but refinance.
decline slide refinances applications Mortgage MBA. – Although purchase activity remains solid, a drop in refinances contributed to mortgage applications declining further for the week ending May 1, According to MBA’s weekly Mortgage Applications Survey, on an. "Purchase applications declined slightly last week but still remained almost 7% higher than a year. Refinance applications fall for the.
Mortgage applications increased 12.8% for the week ending. Home Mortgage applications jump 12.8% as refinancing volume soars.. the refinance share of mortgage activity grew to 76% of.
U.S. applications on mortgages to refinance an existing home fell to their lowest level in 17-1/2 years as some 30-year borrowing costs climbed to their highest levels in over seven years, the.
The MBA reported the results of its weekly mortgage applications survey earlier and the leading indicators for the housing price collapse continue coming fast and weak. After rising by 5% in the prior week, the market composite index plummeted by 12.9%, a major reversal, which confirms that as we have been saying, no matter the record 2s10s spread, few if any are taking "advantage" of surging.