Home
purchase applications rose this week while refinance applications fell, following positive job market numbers.
Purchase applications rose by 1.0 percent, but refinancing applications continued to decline and are now at a 2 - year low after decreasing by 4.0 percent.
Not exact matches
Mortgage
applications to
purchase a home
rose 1 percent for the week and are 4 percent higher than a year ago.
The strength last week came entirely from mortgage
applications to
purchase a home, which
rose 4 percent for the week and are almost 5 percent higher than the same week a year ago.
«This was seen in the weekly mortgage
application data [last week] where
purchases rose 1.4 percent week to week and 6.2 percent year over year.»
Mortgage
applications to
purchase a home
rose 5 percent from the previous week.
The latest Mortgage
Application data shows that
Purchase Applications are actually on the
rise.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage
application activity, which includes both refinancing and home
purchase demand,
rose 9.4 percent in the week ended February 28.
Refinance loan
applications increased 8.7 percent from the week before, while
purchase loan
applications rose 6.7 percent.
Home refinancing and
purchase mortgage
applications rose and that is good news for mortgage brokers and lenders across the country.
Assuming falling interest rates and
rising mortgage
purchase applications in the final two months of 2006, the upward trend in sales will most likely continue.
Mortgage
applications for
purchasing a home increased again last week,
rising 3.4 percent for the week ending May 4, the Mortgage Bankers Association reports in its weekly survey.
Requests for mortgages for home
purchases dropped 8.4 percent, while
applications for refinancing
rose 0.8 percent.
More importantly,
applications for new -
purchase mortgages
rose 24 %, seasonally adjusted.
Demand for mortgages on
purchases of homes
rose for the third consecutive week last week while
applications for refinancing decreased, according to The Mortgage Bankers Association's (MBA's) seasonally adjusted index of overall mortgage
application activity.
Applications for U.S. home mortgages fell for a second week and hit a 13 - year low as mortgage rates
rose due to a bond market sell - off following the Federal Reserve's decision to pare its bond
purchase stimulus in January, an industry group said on Tuesday.
Total mortgage
applications — including for refinances and home
purchases — were essentially flat last week,
rising just 0.8 percent on a seasonally adjusted basis, despite mortgage rates at their lowest averages in a month.
During the housing boom, this difference
rose to an average of 550.0 points as conventional mortgage
applications for
purchase became easier to obtain.
While the
applications for refinancing declined, the
applications for
purchases index
rose by 1.0 percent.
Loan
applications for refinancing and
purchasing — a gauge for home loan requests — are both on the
rise, amid falling mortgage rates, the Mortgage Bankers Association reports.