Drop in mortgage rates not enough to spur homebuyers

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

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