US Home Mortgage Activity at 2-Month Highs as Loan Costs Fall

U.S. homebuilding tumbled from a more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates even as the economy is slowing......»»

US mortgage home applications to buy and to refinanc increased last week as most borrowing costs fell in step with US bond yields tied to worries about slowing economic growth, data from the Mortgage Bankers Asso.....»»

Mortgage Requests Fall, Borrowing Costs at 7-Year Highs US mortgage applications declined last week as home borrowing costs climbed to their highest levels in over 7 years, propelled by a spike in bond yields during last week’s mark.....»»

The number of US consumers who applied for loans to buy a home and to refinance 1 rose to an 11-month high last week, signaling that the recent drop in interest rates is reviving housing activity, the Mortgage Bankers As.....»»

Sales of new U.S. single-family homes fell in February after surging in the prior month, and could decline further because of the coronavirus pandemic, which is boosting unemployment and severely disrupting economic activity......»»

Sales of new U.S. homes cooled for a third month in December, signaling a potential pullback after purchases climbed to some of the best levels in more than a decade amid lower borrowing costs and a solid labor market......»»

While sales activity continues to slow down, the month of September saw more price drops across neighborhoods compared to the month prior, according to a recent report by RealtyHop. Manhattan saw the... To view the full story, click the title link......»»

While the decline in rates has prompted many home owners to refinance their loans, it may not be enough to create a major uptick in home-buying activity......»»

An uptick in home sales activity has been attributed to this summer’s downturn in mortgage rates......»»

You worked hard to save for a down payment and have enough to qualify for a loan on your first home. But there are other costs that you have to cover wrapped into the category called “closing costs.” read more.....»»

U.S. homeowners filed the most applications to refinance their current mortgages in over three years as 30-year borrowing costs slipped to their lowest levels since late 2016, the Mortgage Bankers Association said on Wednesday......»»

Homebridge Financial Services Inc. has closed on the first phase of its acquisition of HomeStreet Bank’s retail home mortgage centers, and plans to complete the second phase — which includes locations in California and Hawaii — later this month. .....»»

A burst of loan activity in March has put a Cincinnati mortgage company on pace to nearly double its volume from just three years ago. River City Mortgage, based in Norwood, generated $34 million in loan volume last month, co-founder and CEO Dan Hu.....»»

NEW YORK (Reuters) - U.S. mortgage applications fell last week as interest rates on some 30-year fixed-rate home loans reached their highest levels in more than 4-1/2 years, the Mortgage Bankers Association said on Wednesday......»»

U.S. mortgage applications fell last week as interest rates on some 30-year fixed-rate home loans reached their highest levels in more than 4-1/2 years, the Mortgage Bankers Association said Wednesday......»»

How much does the typical American spend to own a home? A new study by NerdWallet shows its $1,443 a month on housing, including a mortgage payment, p.....»»

U.S. sales of existing homes tumbled 2.5% in April — with the costs of buying a home jumping and would-be buyers facing a persistent shortage of properties on the market.   &#.....»»

U.S. loan applications to refinance existing homes fell to their lowest in over 17-1/2 years even as most 30-year home borrowing costs fell last week, data from the Mortgage Bankers Association showed on Wednesday......»»

U.S. loan applications to refinance existing homes rebounded from their lowest levels in over 17-1/2 years last week, while home borrowing costs were mixed, data from the Mortgage Bankers Association showed on Wednesday......»»

Phoenix-area mortgage delinquency and foreclosure rates continued to fall in June, and they are seeing lower levels around the state as well, according to a report out Tuesday. CoreLogic, which tracks various home data, found the overall delinquency.....»»