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Weekly Refinance Demand Plummets As Mortgage Rates Hit A 5week High - Latest News


Weekly refinance demand plummets as mortgage rates hit a 5-week high

A sharp rise in mortgage rates took its toll on the mortgage business last week. Lenders are generally bearish, with more expecting profit margins to decrease. Fannie Mae's chief economist says consum... read more

Wall Street expected to open higher after stocks see their best advance of September

Headline PPI was unchanged in July, with core inflation up 0.1 percent.(CNBC) * Weekly refinance demand plummets as mortgage rates hit a 5-week high (CNBC) After months of waging a behind-the-scenes w... read more

Will the US Dollar Drown in an Ocean of Debt?

The $700 billion the US Treasury is seeking from Congress to buy toxic mortgages ... demand in the oil futures markets in London and New York , which is driven by the Euro /dollar exchange rate. The E... read more

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Mortgage rates soar

The 30-year fixed rose from 5.45% last week, according to a weekly ... effort to bring rates lower," the report said. A separate Wednesday report showed U.S. mortgage applications fell last week, refl... read more

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Mortgage Rates Rise While Application Activity Plummets

Long term FRM rates had been trending down in Freddie Mac's report since early November whereas the two types of adjustable rate mortgages (ARMs) tracked by its survey have been see-sawing on a weekly ... read more

The Weekly Report

Welcome to the Weekly Report ... helped to drive last week's rally in fixed-rate debt. Investors remain concerned that a flood of new issues from borrowers refinancing auction-rate debt will overwhelm ... read more

Hovnanian Enterprises' CEO Discusses Q3 2011 Results - Earnings Call Transcript

Hovnanian Enterprises (NYSE:HOV) Q3 2011 Earnings Call September 8, 2011 11:00 AM ET Executives J. Sorsby - Chief Financial Officer, Executive Vice President and Director Ara Hovnanian - Chairman, Chi... read more

An Overview of the Recession

From the WSJ: The U.S. economy has been in recession for about a year, according to the research organization that tracks economic cycles. In a statement, the National Bureau of E read more

FTSE 100 closes above 7,420 but gains capped by fall in Shell, US trade deficit in goods drops

https://t.co/gS650Yxv5x — Mark Kleinman (@MarkKleinmanSky) 26 April 2018 In another hit to High Street retailers ... retained its main refinancing interest rate at zero% and its deposit rate at -0.4%. ... read more

Mortgages Hit 2010 Price Lows as 10s Test 4.00%. Lack of Liquidity Affecting Action

Making matters worse for already rising rate levels has been more better than expected econ data and a 5-week bull ... in aggregate demand because of it? I find that hard to believe, the labor market ... read more

Weekly refinance demand plummets as mortgage rates hit a 5-week high

A sharp rise in mortgage interest rates took its toll on the lending business last week. Mortgage application volume fell 1.8 percent for the week, according to the Mortgage Bankers Association's seas... read more



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