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Mortgage Applications Down As Interest Rates Rise - Latest News

Mortgage applications rise 2%, but buyers seem unimpressed by lower rates

Mortgage applications to purchase a home rose just 1 percent for the week and were 0.2 percent higher than a year ago. Mortgage interest rates are still 89 basis points higher than a year ago and home ... read more

Mortgage Applications Rise 2 Pct As Home Loan Costs Fall

The rise is the result of interest rates on 30-year, fixed-rate “conforming ... rising interest rates were taking a toll on the number of new home mortgages, with applications down 25 percent year ove... read more

MBA: Mortgage applications rise 5.5%

On an unadjusted basis, the Mortgage Composite index retreated 29% from the previous week. Sponsor Content “The rise in purchase ... fell to 37.9% of total applications, down from 38.5% the week befor... read more

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Weekly mortgage applications rise 5.5% as homebuyers edge back in

Total mortgage ... rising interest rates and already high prices pushed affordability to the lowest level in a decade. "The rise in purchase activity was led by conventional purchase applications ... read more

Mortgage applications sharply lower as interest rates rise

Composite Index: -7.1% vs. -1.7% (W/W). Purchase Index: -6.0% vs. +0.1%. Refinance Index: -9.0% vs. -0.1%. 30 year mortgage rate at 5.10% vs. 5.05%. read more

Mortgage applications hit 4-year low as interest rates rise

Rising interest ... Mortgage Banker Association’s market composite index, a measure of loan application volume, fell 4 percent last week to its lowest point since December 2014, according to Bloomberg ... read more

Mortgage applications lowest since 2014 as rates rise

Consumers filed the fewest requests for a mortgage since late 2014 last week as most home borrowing costs reached their highest levels in more than seven years, the Mortgage Bankers Association said W... read more

Mortgage Apps Take a Nosedive, Rates on the Rise

... for FHA mortgages ticked down to 10.4 percent from 10.5 percent and the VA share rose to 10.4 percent from 10.0 percent. The USDA share of applications was unchanged at 0.8 percent. Mortgage inter... read more

Rising Interest Rates And The Changing Mortgage Market

Mortgage applications for new homes are down 25 percent year over year ... a difference of tens of thousands of dollars’ worth of interest payments over the life of the loan. But with rates set to ris... read more

UPDATE: Mortgage rates rise as housing market cracks appear

Fixed-rate mortgages track the 10-year U.S. Treasury note , but they move more slowly. Even though bonds have benefited from a surge of investor interest in safe-haven assets as stocks sold off (http: ... read more

As Rates Rise and Recession Threatens, Alternative Lenders Batten Down the Hatches

told CNBC’s Leslie Picker on stage at Money20/20 in Las Vegas that “in a benign environment where interest rates are low, people will take out debt. They don’t realize the true cost of that debt” unti... read more

Mortgage applications weaken further as interest rates rise

The Columbus Day holiday appears to have messed around with the mortgage numbers, but a week later the numbers are now clearer, and so is the message. Higher interest rates are ... loans with 20 perce... read more

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