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U.S. mortgage applications rose in latest week-MBA Applications for U.S. home mortgages edged higher last week as lower loan rates helped encourage more home purchases for the first time since early August, an industry group said on Wednesday. The seasonally-adjusted index of total mortgage applications including refinancings rose 1.8 percent in the week ended Sept. 1 to 566.3, according to the Mortgage Bankers Association. The index is at its highest since early July, but is still well below the year-ago level of 771.6, the association said in a statement. More : today.reuters.com

Mortgage applications increase, MBA says U.S. mortgage applications rose last week, led by increased demand for home purchase loans even as interest rates climbed for a fourth consecutive week, an industry trade group said Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinance and purchase loans, increased 3.6 percent to 575.6 for the week ended Dec. 29. The index stood at 555.8 the previous week, which was its lowest level since early August. The MBA said the four-week moving average of mortgage applications is down 2.8 percent More : money.cnn.com

Mortgage Applications Surge on Low Interest Rates With long-term interest rates remaining at their lowest levels of the year, mortgage applications surged last week, according to the latest Weekly Mortgage Applications survey from The Mortgage Bankers Association (MBA). For the week ending December 8, the MBAs survey showed that the weekly Market Composite Index, which measures mortgage loan application volume, increased 11.4 percent overall from the previous week. Refinance applications, which rose 15.8 percent, saw their largest gain in over a year, while purchase applications also showed significant growth with a week-over-week increase of 8.7 percent. Bob Walters, chief economist of Quicken Loans,

U.S. mortgage applications drop last week - MBA U.S. mortgage applications fell for the fifth consecutive week, largely reflecting a drop in demand for home purchase loans, an industry trade group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity for the week ended April 13 dropped 2.5 percent to 630.6. Borrowing costs on 30-year fixed-rate mortgages, excluding fees, averaged 6.22 percent, up 0.06 percentage point from the previous week, its highest since early February. Interest rates, however, were significantly below year-ago levels of 6.56 percent. More : reuters.com

US home loan refinancing highest since March-MBA U.S. mortgage applications rose for a second consecutive week as home refinancing demand reached its highest since March, an industry trade group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and purchasing loans, last week increased 1.4 percent to 561.2 -- its highest level in 11 weeks. Fueling the rise was a 4.6 percent jump in the MBA S seasonally adjusted refinancing index to 1,640.8, its strongest level since end-March. The refinance share of mortgage applications also increased to 39.6 percent in

Mortgage applications fall in holiday week The number of applications for mortgages at major U.S. banks dropped 3.9% on a seasonally adjusted basis last week compared to the prior week, the Mortgage Bankers Association reported Wednesday. Applications were also were down on a year-over-year basis, lower by 1.6%. Applications for loans to buy a home increased 1.3% in the past week, but theyre down about 14.6% from a year ago similar to the decline in home sales over that time. Applications for loans to refinance an existing loan dropped 9.6% in the past week but are up about 18% from a year

U.S. mortgage applications decrease last week-MBA U.S. mortgage applications fell last week, driven by a steep decline in home purchasing loans even as interest rates dropped, an industry trade group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity for the week ended May 19 decreased 6.0 percent to 552.6 from the previous weeks 588.0. The MBAis seasonally adjusted purchase mortgage index fell 7.1 percent to 396.4. The index was also below its year-ago level of 482.3. More: today.reuters.com

U.S. mortgage applications rose last week -MBA U.S. mortgage applications rose last week, led by an increase in demand for home purchase loans even as interest rates climbed for a fourth consecutive week, an industry trade group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity for the week ended Dec. 29 increased 3.6 percent to 575.6. The index stood at 555.8 in the previous week, which was its lowest level since early August. Borrowing costs on 30-year fixed-rate mortgages, excluding fees, averaged 6.22 percent, up 0.10 percentage point from the previous week. Four weeks prior,

U.S. MBAs Mortgage Applications Index Rose 3.2% Last Week Mortgage applications in the U.S. rose last week to the highest level in more than three months after a recent decline in borrowing costs spurred home buying. The Mortgage Bankers Associations index of applications to buy a home or refinance an existing loan increased 3.2 percent to 584.2. The groups gauge of purchases rose 5.3 percent to a nine-week high. Refinancing edged up as well. The report suggests the slowdown in housing after a five- year boom will be gradual and unlikely to jeopardize economic growth, economists said. More affordable prices, mortgage

U.S. mortgage applications decrease last week --MBA U.S. mortgage applications slumped last week, weighed down by a plunge in demand for home refinancing loans, as interest rates climbed from recent lows, an industry trade group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity for the week ended Dec. 15 decreased 10.2 percent to 647.6 from the previous weeks 721.2, which was its highest level in over a year. Borrowing costs on 30-year fixed-rate mortgages, excluding fees, averaged 6.10 percent, up 0.08 percentage point from the previous week. Two weeks prior, 30-year mortgage rates fell to

Mortgage applications up: MBA U.S. mortgage applications rose for a third straight week as homeowners with adjustable loans took advantage of falling interest rates, data from the industrys main trade group showed on Wednesday. The Mortgage Bankers Association in a statement said its seasonally adjusted index of mortgage application activity for the week ended August 18 edged higher by 0.1 percent to 561.5 from the previous weeks 561.2. Borrowing costs on 30-year fixed-rate mortgages last week tumbled to an average 6.38 percent from 6.54 percent in the previous week. The rate compares with the four-year high of 6.86 percent, touched in mid-June,

U.S. mortgage applications increase last week-MBA U.S. mortgage applications rose sharply last week, reflecting a surge in home refinancing loans as interest rates remained near recent lows, an industry trade group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity for the week ended Nov. 3 increased 8.8 percent to 620.9 from the previous weeks 570.8. Borrowing costs on 30-year fixed-rate mortgages, excluding fees, averaged 6.24 percent, unchanged from the previous week, but well-below a four-year high of 6.86 percent touched in June. Interest rates were also below year-ago levels of 6.31 percent. More : today.reuters.com

U.S. mortgage applications decrease last week-MBA U.S. mortgage applications fell last week as interest rates hit their highest in over four years, an industry trade group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity for the week ended June 23 decreased 6.7 percent to 529.6 from the previous weeks 567.6. Borrowing costs on 30-year fixed-rate mortgages, excluding fees, averaged 6.86 percent, up 0.13 percentage point from the previous week, its highest level since April 12, 2002 when it reached 6.92 percent. The MBAs seasonally adjusted purchase mortgage index fell 6.2 percent to 389.0. The index was

U.S. MBAs Mortgage Applications Index Rose 4.6% Last Week An index of U.S. mortgage applications rose last week to a level that still suggests weakness in the housing market, an industry report showed today. The Mortgage Bankers Associations index of applications to buy a home or refinance an existing loan increased 4.6 percent to 588.0 from 562.1. The gauge is down 16 percent in the last year. The increase last week suggests job and income growth are keeping the housing market from collapsing even as higher mortgage rates put purchases out of reach for some buyers, economists said. I dont

U.S. mortgage applications rebounded last week-MBA U.S. mortgage applications rose for the first time in four weeks as long-term home loan interest rates plunged to their lowest levels since March, data from the industrys main trade group showed on Wednesday. The Mortgage Bankers Association in a statement said its seasonally adjusted index of mortgage application activity for the week ended Aug. 4 rose 4.9 percent to 553.3 from the previous weeks 527.6. Borrowing costs on 30-year fixed-rate mortgages last week averaged 6.45 percent, down from 6.62 percent in the previous week and the lowest since the week ending March 24. Last weeks rate