Mortgage applications drop for second consecutive week

August 1, 2017 By Chris Hamler. For the second week straight, mortgage interest rates declined, according to the latest Freddie Mac Primary Mortgage Market Survey. The report has shown the 10-year Treasury yield rise by 5 basis points for the week ending July 27, 2017 while the 30-year fixed-rate mortgage dropped by 4 basis points to a new low.

Mortgage Rates Increase September 12, 2019. Pipeline purchase demand continues to improve heading into the late fall with purchase mortgage applications up nine percent from a year ago. The improved demand reflects the still healthy underlying consumer economic fundamentals such as a low unemployment rate, solid wage growth and low mortgage rates.

Mortgage growth in Canada hasn’t been this weak since 2001 Business investment hasn’t been this crummy in 40 years Canadian companies remain nervous about the future, meaning the decline in business investment is unlikely to improve any time soon.

Mortgage rates fell for the second straight week for the week ending April 5, according to the Primary Mortgage Market Survey released by Freddie Mac. Rates for the 30-year fixed-rate mortgage.

Mortgage rates this week. At the current 15-year fixed rate, you’ll pay $745.21 each month for every $100,000 you borrow, down from $747.23 last week. At the current 5/1 ARM rate, you’ll pay $484.36 each month for every $100,000 you borrow, down from $487.27 last week.

Mortgage applications fell for a second consecutive week, according to the Mortgage Bankers Association, with contract interest rates mixed. Mortgage applications drop for second straight week

Disparity narrows between perceived and actual home values Gap Between Appraisals and Perceived Home Value Narrows in September.. This is a slight move toward equilibrium after a 1.56 percent gap between perceptions in August. September marks the third time in as many months the HPPI has moved closer to agreement between homeowners and appraisers.

MBA’s Market Composite Index, a measure of mortgage application volume, increased 8.9 percent on a seasonally adjusted basis during the week and was 9 percent higher unadjusted. It was the third.

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"Mortgage rates rose for the second consecutive week as 10-year Treasury yields surged. housing starts declined 2 percent to a seasonally adjusted pace of 1.065 million units and housing permits.. For the second week in a. more importantly, mortgage rates to substantially rise in the upcoming weeks," Freddie Mac Chief Economist Sean Becketti said.

NEW YORK, Feb 18 (Reuters) – U.S. mortgage rates dropped for a second consecutive week, remaining below 5.0 percent, a key level that may boost home loan demand, a closely watched mortgage survey.

NEW YORK, Oct 15 (Reuters) – U.S. mortgage applications rose for a second consecutive week, reflecting a jump in demand for home loan refinancing. earlier in the week appeared to have spurred. This is the biggest challenge to first-time homebuyers Using up savings on the down payment.