Topic: Mortgage Bankers Association
U.S. mortgage demand up for third week as rates drop
Reuters US Online Report Business News
NEW YORK (Reuters) - Demand for U.S. home loans rose last week for the third straight week as mortgage rates fell to a one-month low and stoked refinancing, an industry group said on Wednesday. Borrowers are rushing to take advantage of low borrowing costs and other incentives while they last ...
Mortgage applications rise in first week of 2010
Reuters US Online Report Business News
NEW YORK (Reuters) - U.S. mortgage applications rose in the first week of 2010, reflecting surging demand for home refinancing loans as interest rates dropped, industry data showed on Wednesday. Demand for loans to purchase a home, however, only rose marginally. A continuation of this trend would not bode well ...
U.S. mortgage applications driven up by refinancings
Reuters US Online Report Business News
NEW YORK (Reuters) - Demand for U.S. home loans rose last week to the highest level in about two months, mostly from borrowers taking advantage of low mortgage rates to refinance, the Mortgage Bankers Association said on Wednesday. Nearly three of every four loan requests was for a refinancing rather ...
Mortgage application volume rises 8.5 percent
AP News
Mortgage applications up 8.5 pct. as customers look to refinance homes at low interest ratesMortgage application volume increased 8.5 percent during the week ending Dec. 4, as more borrowers refinanced loans to lock in interest rates near record lows, according to a report Wednesday from the Mortgage Bankers ...
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