The Buyers Are Coming … Mortgage rates may have inched up slightly but that didn’t seem to deter home buyers from shopping for a loan last week. Mortgage application volume rose 2.3 percent week-over-week on a seasonally adjusted basis, driven by an uptick in home purchase applications, the Mortgage Bankers Association reports. Mortgage applications are nearly […]
Borrowers were undeterred by the highest interest rates in five months as mortgage applications for home purchases surged 12 percent in the latest week. Home purchase applications are now 19 percent higher than one year ago, the Mortgage Bankers Association reports. “This was despite the fact that mortgage rates reached their highest level since July,” […]
Realtor Magazine reports (04/09/2014) that the current mortgage applications for purchases are on the upswing… While overall applications for home mortgages continue to fall, applications for home purchases, viewed as a leading gauge of future home sales, are on the rise, the Mortgage Bankers Association reports. Applications for home purchases rose 2.7 percent for the […]