Tag Archives: mortgage refinancing

Drop in mortgage rates not enough to spur homebuyers

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Although rates eased for the most popular type of mortgage among homebuyers — the 30-year fixed-rate conforming loan — rates for jumbo mortgages, FHA loans and adjustable-rate mortgages were up slightly. Continue reading →

Demand for mortgages rebounds after 3 weeks of declines: MBA

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Applications for purchase loans and refinancings climbed as mortgage rates eased to the lowest levels since early May, according to the Mortgage Bankers Association. Continue reading →

Homeowners are losing their enthusiasm for refinancing

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Mortgage lenders faced a double-whammy in May, with demand for both purchase loans and refinancing falling despite the fact that mortgage rates came back down after surging in February in March. Continue reading →

Rising rates take toll on mortgage demand

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Although mortgage rates came down slightly after seven consecutive weeks of increases, applications for refinancing and purchase loans both fell more significantly. Continue reading →