Mortgage applications rise 2%, but buyers seem unimpressed by lower rates

While price gains are now shrinking, affordability is still at the lowest level in a decade and proving to be the biggest barrier to housing demand. Sales of newly built and existing homes continue to suffer......»»

Homebuyers are taking advantage of lower mortgage rates and a slow summer for sellers, and that is driving mortgage applications higher. Total mortgage application volume rose 2.0 % last week compared with the previous week......»»

Mortgage application volume was 40% higher than a year ago, largely because lower rates are strengthening the refinance market......»»

Mortgage application volume was 40% higher than a year ago, largely because lower rates are strengthening the refinance market......»»

Mortgage application volume was 40% higher than a year ago, largely because lower rates are strengthening the refinance market......»»

Applications for new mortgage loans fell last week even though mortgage loan rates also dropped......»»

Homebuyers had been brushing off the slight rise in rates over the past few weeks, but as those rates move even higher, buyers are now pulling back......»»

Mortgage interest rates are now lower than a year ago, and home shoppers are buying in, but most are wealthier and purchasing more exp.....»»

Americans' demand for credit declined over the previous year as expected, as mortgage interest rates rose, while the percentage of approved applications also ticked lower compared to a year ago, a survey from the New York Federal Reserve showed on Monday......»»

A rise in interest rates has put a dent in consumers' desire for mortgage applications, but interest in home purchasing remains high as the spring selling season approaches......»»

‘The rise in mortgage rates has been putting a dent in affordability for many buyers, setting the stage for a challenging next few months.’.....»»

Mortgage rates dropped to the lowest level in the Mortgage Bankers Association's survey, causing yet another rush to refinance......»»

Mortgage rates dropped to the lowest level in the Mortgage Bankers Association's survey, causing yet another rush to refinance......»»

February home sales were brisk as buyers took advantage of low mortgage rates, but that trend could change as rates rise and the cor.....»»

Mortgage applications surged last month as home buyers rushed to take advantage of low interest rates spurred by ang.....»»

Another major drop in mortgage rates caused a massive jump in borrowers applying to refinance their home loans. The surge sent total mortgage application volume up 55.4% last week, according to the Mortgage Bankers Association......»»

A mixed week for mortgage rates caused a split in application volume between refinances and purchase loans......»»

Ultra-low interest rates have sparked another boom in mortgage refinancing activity, but home buyers may not reap as much benefit......»»

U.S. home prices rose at a faster pace in November than the previous month as lower mortgage rates and a sharp drop in available properties have pushed would-be buyers to bid up home values......»»

Continued low mortgage rates are keeping bankers busy, as refinance applications continue to rise. Refinance volume helped push total mortgage application volume up 1.5% last week compared with the previous week, according to the Mortgage Bankers.....»»