Applications for U.S. home mortgages fell last week as interest rates rose, the Mortgage Bankers Association reports.
Average long-term mortgage rates arrested their five-week decline this week but the benchmark 30-year loan remained below 4 percent, Freddie Mac says.
Average mortgage rates continued to slide this week, raising prospects for a wave of refinancings, as rates for 30-year loans fell further below 4%.
Average rates for long-term mortgages declined slightly this week, after marking their largest one-week gain of the year the previous week.
Applications for U.S. home mortgages fell last week as interest rates edged up, he Mortgage Bankers Association says.
The average 30-year U.S. mortgage rate this week remained at a 52-week low of 4.10 percent for the third straight week.
Federal regulators want Fannie Mae and Freddie Mac to provide more support to some low-income Americans taking out mortgages and refinancing home loans.
The average rate for 30-year mortgages remained at a 52-week low this week, and appear to be helping give the U.S. housing market a boost.
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Average U.S. mortgage rates declined slightly this week, hovering near their lows for the year, remaining below the levels of a year ago.
Average U.S. mortgage rates declined slightly this week with rates remaining near historic lows.
Rates aren't the driving factor for home sales. At least that's what the correlation between rate moves and mortgage applications suggests.
Average U.S. rates on fixed mortgages declined this week, hovering near historically low levels, according to a survey by mortgage-buyer Freddie Mac.
Average U.S. rates on fixed mortgages eased slightly this week, remaining near historic lows.