Worries over trade could affect mortgage application activity: MBA

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Trade worries seen pushing U.S. mortgage activity to one-month low (Reuters) – The number of U.S. borrowers seeking a home loan fell to a one-month low amid concerns about the growing trade tension between China and the United States and its impact on the economy, the mortgage bankers association said on Wednesday.

yesterday) +10% crude .06-10% Crude $56.06-$0.50.50, Gold $1287.20 +$2.50, VIX 15.41 +0.67 Market Movers Earnings reaction DLTR +3%, ANF +20%, +ROST +1.5%, URBN +1% Weekly MBA Mortgage Applications. could derail.

Housing starts fall more than expected, permits steady housing starts plunge more than expected; permits also fall. – Housing starts plunge Housing starts fall much more than forecast, lowest level since ’97; permits also fall as single-family permits hit 6-year low.. The housing permit reading was helped by a.Refinance applications rise as rates fall to a seven-month low It was clear that refinance originations were trending down as interest rates rose, but it’s still striking to see the results in black and white.. Refis fall to four-year low, but.

Mortgage rates fell once more in the week ending 13 th December, with 30-year fixed falling by 0.12 percentage points to a 3-month low 4.63%. The fall in 30-year fixed to 4.63%, the lowest level.

– Mortgage Applications Increase in Latest MBA Weekly Survey . May 20, 2019 – Prepared Remarks of MBA President and CEO Bob Broeksmit, CMB, at the 2019 MBA National Secondary Market Conference & Expo . May 16, 2019 – April New Home Purchase Mortgage Applications Increased 15.6 Percent

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Mortgage Market The key driver of the concern about Home Depot is the recent report on mortgage application decreases, which has been coupled with worries over continued federal reserve rate hiking .

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Millennial mortgages close rapidly as low rates raise purchasing power Ever since 2008 we’ve lived in a low-interest-rate world. "Easy money" as it’s called. From a borrower’s perspective, it’s been a great time to finance a home, car, or business to lock in a low-interest rate. rising interest rates will change how we manage our personal finances in the years to come.

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Worries over trade could affect mortgage application activity: MBA The trade dispute with China is likely to affect consumers’ willingness to buy a home and apply for a new mortgage loan, according to the Mortgage Bankers Association.