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Latest mortgage applications Stories

2005-09-14 06:59:52

NEW YORK (Reuters) - Applications for U.S. residential mortgages fell last week as higher interest rates deterred borrowers from refinancing their existing home loans, an industry trade group's figures showed on Wednesday. The Mortgage Bankers Association said its index of total mortgage applications for home purchase and refinancing loans fell 1.4 percent to 760.6 in the week ended September 9. The index rose 6.8 percent in the previous week. The MBA's purchase index rose 2.9...

2005-09-14 06:10:57

NEW YORK (Reuters) - Applications for U.S. residential mortgages fell last week as higher interest rates deterred borrowers from refinancing their existing home loans, an industry trade group's figures showed on Wednesday. The Mortgage Bankers Association said its index of total mortgage applications for home purchase and refinancing loans fell 1.4 percent to 760.6 in the week ended September 9. The index rose 6.8 percent in the previous week. The MBA's purchase index rose 2.9...

2005-08-10 10:36:50

NEW YORK (Reuters) - Applications for U.S. home mortgages fell last week, its third consecutive drop, as refinancing waned and interest rates reached four-month highs, industry group figures showed on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity fell 0.9 percent to 745.0 in the week ended Aug. 5, adding to the previous week's 0.3 percent loss. The four-week moving average was down 1.5 percent to 763.1 from 774.9. Fixed...

2005-07-06 11:55:09

By Julie Haviv NEW YORK (Reuters) - Applications for U.S. home mortgages rose for the first time in three weeks despite higher interest rates, an industry group said on Wednesday. The Mortgage Bankers Association said both purchasing and refinancing activity gained sharply in the week ended July 1. The MBA said its seasonally adjusted index of mortgage applications increased 9.6 percent to 853.4, more than offsetting the previous week's 1.1 loss. On a four-week moving average, the index...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.