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Home»Tag: Mortgage

Tag Archives : Mortgage

European bank fears helped boost US mortgage applications 2.9%
Real Estate

European bank fears helped boost US mortgage applications 2.9%

Saheli 05 Oct 2016 317 Views

Fears in the European banking community last week created something of a tantrum in U.S. bond markets, driving yields down and taking mortgage rates along with them. As a result, mortgage application volume rose 2.9 percent on seasonally adjusted basis for the week from the previous week, according to the ... Read More »

1 in 10 borrowers may be missing out on mortgage savings
Real Estate

1 in 10 borrowers may be missing out on mortgage savings

Saheli 05 Oct 2016 472 Views

The average rate on the popular 30-year fixed mortgage has been so low for so long that a good chunk of borrowers can’t even contemplate the idea of it ever going higher. Why should they? Every time we warn of rising rates, or see a tiny bump up, some global ... Read More »

Mortgage applications fell 4% even as rates sit near record lows
Real Estate

Mortgage applications fell 4% even as rates sit near record lows

Saheli 23 Aug 2016 486 Views

Mortgage apps down 4% lastweek  Wednesday, 17 Aug 2016 | 7:32 AM ET|01:04 Even with mortgage interest rates sitting near record lows, mortgage applications failed to make any gains last week. Total application volume decreased 4 percent on a seasonally adjusted basis for the week from the previous week, according to ... Read More »

Mortgage applications up 3% on lowest rates in three years
Real Estate

Mortgage applications up 3% on lowest rates in three years

Saheli 22 Jun 2016 489 Views

Another drop in mortgage interest rates, to their lowest level in three years, sent borrowers back to the bank to refinance home loans. Total mortgage application volume increased 2.9 percent last week on a seasonally adjusted basis from the previous week. Applications are now nearly 35 percent higher than one ... Read More »

Mortgage applications fall 1%, dragged down by fewer refinances
Real Estate

Mortgage applications fall 1%, dragged down by fewer refinances

Saheli 31 Mar 2016 480 Views

Spring home buying season has kicked into high gear, but it wasn’t enough to boost mortgage applications, which fell by 1 percent last week from the previous week, the Mortgage Bankers Association reported. That was largely due to a drop in refinancings, which slipped 3 percent. The refinance share of ... Read More »

Mortgage applications drop 3.3% on fewer refinances
Real Estate

Mortgage applications drop 3.3% on fewer refinances

Saheli 27 Mar 2016 2237 Views

Higher interest rates pushed mortgage refinancing activity down further last week, and home buying isn’t picking up the slack. Total mortgage application volume fell 3.3 percent on a seasonally adjusted basis for the week from the previous week, according to the Mortgage Bankers Association. It is nearly 21 percent higher ... Read More »

New chair of Council of Mortgage Lenders in Scotland gives first public speech

Saheli 14 Mar 2016 2251 Views

Carol Anderson, Scotland branch and business banking distribution director at TSB Bank, has been appointed new chair of the Council of Mortgage Lenders in Scotland. She succeeds Linda Docherty, of Clydesdale Bank. Carol’s appointment coincides with CML Scotland’s annual lunch in Edinburgh where 200 members of the Scottish mortgage market ... Read More »

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