Topic: Mortgage Bankers Association
All Content
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Paper Economy
Mortgage rates tumble to record lows. Again.
The average rate for a 30-year fixed rate mortgage declined 2 basis points to 3.81 percent since last week, the lowest value on on record for this MBA series, while the purchase application volume declined 0.6 percent, and the refinance application declined 1.5 percent over the same period.
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Home prices hit post-boom lows: What does that mean for housing market?
Despite fresh optimism about the housing market, home prices in the Case-Shiller Index fell during the first quarter, suggesting that the market is still stabilizing.
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Paper Economy
Mortgage rates slide to record lows
Mortgage rates continue to drop well below 4 percent. The average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this MBA series. The purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period.
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Paper Economy
Mortgage rates inch down to 3.91 percent
The average rate for a 30 year fixed rate mortgage declined 1 basis point to 3.91 percent since last week while the purchase application volume increased 3.4 percent and the refinance application increased 1.3 percent over the same period.
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Paper Economy
Mortgage rates stay under four percent
The average rate for a 30 year fixed rate mortgage went unchanged at 3.92 percent since last week, while the purchase application volume increased 2.9 percent and the refinance application declined 0.7 percent over the same period.
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Paper Economy
30-year mortgage rates fall to 3.92 percent
The average rate for a 30 year fixed rate mortgage (from FHA and conforming GSE data) declined 2 basis points to 3.92 percent since last week while the purchase application volume increased 2.7 percent and the refinance application declined 5.6 percent over the same period.
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Paper Economy
Mortgage rates fall below 4 percent. Again.
The average rate for a 30 year fixed rate mortgage declined 4 basis points to 3.94 percent since last week while the purchase application volume declined a notable 11.2 percent and the refinance application umped 13.5 percent over the same period.
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Paper Economy
30-year mortgage rates drop to 4.03 percent
The average rate for a 30 year fixed rate mortgage declined 7 basis points to 4.03 percent since last week while the purchase application volume increased 7.2 percent and the refinance application climbed 4.0 percent over the same period.
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Paper Economy
30-year mortgage rates up to 4.10 percent
The average rate for a 30 year fixed rate mortgage increased 4 basis points to 4.10% since last week, while the purchase application volume increased 3.3 percent and the refinance application dropped 4.6% over the same period.
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Paper Economy
Mortgage rates climb. Really?
The average rate for a 30 year fixed rate mortgage jumped 12 basis points to 4.06 percent since last week, while the purchase application volume declined 1.0 percent and the refinance application dropped 9.3 percent over the same period.
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Paper Economy
Mortgage rates still falling
The average rate for a 30 year fixed rate mortgage declined 3 basis points to 3.94 percent since last week while the purchase application volume increased 4.4 percent and the refinance application declined 4.10 percent over the same period.
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Paper Economy
30-year mortgage rate at 3.96 percent
The latest data is showing that the average rate for a 30 year fixed rate mortgage went flat at 3.96% since last week while the purchase application volume increased 2.1% and the refinance application declined 2.0% over the same period.
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Paper Economy
Mortgage rates: Where's the bottom?
The average rate for a 30-year fixed rate mortgage dropped 2 basis points to 3.965 percent since last week, while the purchase application volume increased 0.9 percent and the refinance application declined 2.2 percent over the same period.
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Paper Economy
No change in low mortgage rates
The average rate for a 30 year fixed rate mortgage went unchanged at 3.98 percent since last week while the purchase application volume declined 2.9 percent and the refinance application declined 4.8 percent over the same period.
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The Circle Bastiat
Spanish real estate bust leads to ghost towns
Thousands of apartments and houses in Spanish towns go uninhabited after real estate demand evaporates.
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Paper Economy
Mortgage rates inch up, but downward trend continues
The average rate for a 30 year fixed rate mortgage increased 1 basis point to 3.98 percent since last week, but the downward trend has yet to find its bottom.
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Paper Economy
Mortgage rates: How low can they go?
the average rate for a 30 year fixed rate mortgage dropped to 3.33 percent since last week, while the purchase application volume increased 0.1 percent and the refinance application jumped 9.4 percent over the same period.
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Paper Economy
Mortgage rates continue falling
The average rate for a 30-year fixed rate mortgage dropped to 3.98% since last week.
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The Circle Bastiat
Strategic foreclosure: Why people are ditching their mortgages
More and more, indebted homeowners are deciding to walk away from their mortgages, instead of facing forced foreclosure. Who will pay the discarded debt?
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The Circle Bastiat
Serious debt problems will continue, experts say
Over the past 10 to 15 years, total debt outstanding in the US has grown as a much faster pace than population, and little has been done to deal with the debt in spite of widespread unemployment, flat personal income, and declining collateral values.
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30-year mortgage rate falls to 3.9 percent
30-year mortgage rate matches record set two weeks ago, says mortgage giant Freddie Mac. But low 30-year mortgage rate has not provided much boost to home sales or refinancings so far.
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Paper Economy
Mortgage rates increase slightly
The average rate for a 30-year fixed rate mortgage increased to 4.01 percent, an increase of one basis point from last week.
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The New Economy
Fixed mortgage rates hit new lows. Does anyone care?
Fixed mortgage rates for 30-year loan now average 4.18 percent. But record low fixed mortgage rates are not perking up the housing market or causing a surge of refinancing.
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Record low mortgage rates drop even lower
Record low mortgage rates push the average 30-year loan to 3.91 percent. But can these record low mortgage rates last?
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Mortgage rates at record lows. Home buyers yawn.
Mortgage rates fall to new low for the year, but loan volume for home buyers and refinancers also drops. Historically low mortgage rates are not enough to boost demand, says Mortgage Bankers Association.
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