Higher Rates Offset Loan DemandHigher Rates Offset Loan Demand
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Tag: Mortgage Bank
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Rising Rates Cause Loan Demand to TeeterRising Rates Cause Loan Demand to Teeter
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Mortgage rates were on the rise for the second consecutive week, causing some borrowers to show reluctance. Total mortgage application activity—which reflects both refinancing and home purchase demand—dropped 2.6 percent
Home Buyers in a Rush to Beat Higher RatesHome Buyers in a Rush to Beat Higher Rates
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Mortgage rates are moving higher, and that has some home shoppers rushing to locking in rates before they edge up even more.
Mortgage Applications Teeter as Rates RiseMortgage Applications Teeter as Rates Rise
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Loan demand dropped 2.3 percent last week as a slight increase in rates may have spooked potential home buyers and refinancers. The Mortgage Bankers Association reported that applications to refinance
Post-Turkey Slump? Loan Demand DropsPost-Turkey Slump? Loan Demand Drops
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The Thanksgiving holiday may have taken a bite out of mortgage applications last week. Mortgage applications dropped 3.1 percent for the week on a seasonally adjusted report, which included the