Applications for purchase loans increased a seasonally adjusted 3 percent for the week ending Sept. 18 compared to a week earlier and were up 1 percent on an annual basis, according to the latest Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications survey.
During the same period, refinance applications jumped 18 percent, as the average rate for a 30-year fixed-rate mortgage with a balance of $417,500 or less dropped from 4.8 percent to 4.75 percent.
Source: MBA
– See more at: http://www.inman.com/wire/purchase-apps-increase-as-interest-rates-slip/#sthash.lKzd5toO.dpuf
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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