Bankers Group Says Housing Recovery Still Distant
Housing Wire reports a Mortgage Bankers Association (MBA) official predicts the 4.5 million distressed properties on the market will prevent a full housing market recovery for four to five years....
View ArticleMortgage Applications Fall as Interest Rates Rise
HousingWire reports rising interest rates in response to the Federal Reserve’s quantitative easing program caused mortgage applications to fall 5.2 percent for the past week on a seasonally-adjusted...
View ArticleDeclining mortgage rates may not boost housing
CNBC reports that one outcome from the debt ceiling hike debate was a drop in the Treasury rate. This in turn moved mortgage rates to near new lows. 30 year rates are at 4.45 percent from 4.57...
View ArticleMortgage Applications Rise
The Mortgage Bankers Association reports Mortgage applications are on the increase over the week previous. The Weekly Mortgage Applications Survey for the week ending December 2, 2011 shows a 12.8...
View ArticleFewer Applied for Mortgages Last Week
Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The Market Composite Index, a...
View ArticleMortgage Applications on the Rise
From Housingwire and CoreLogic, MHProNews.com learns that the number of mortgage applications filed in the U.S. jumped 4.8 percent for the week ending March 30. The reason, the Mortgage Bankers...
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