Middle East fuels a drop in mortgage rates – Bankrate.com – Middle East fuels a drop in mortgage rates. A basis point is one-hundredth of 1 percentage point. The mortgages in this week’s survey had an average total of 0.45 discount and origination points. One year ago, the mortgage index was 5.15 percent; four weeks ago, it was 4.97 percent.
In this new report from the MBA, refinance applications continued to increase, albeit slightly. The report showed that the refinance share of mortgage activity increased to 51% percent of total applications from 50.9% in the previous week. The adjustable-rate mortgage share of activity fell to 6.7% of total applications.
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Mortgage applications rise With Decreasing Mortgage Rates This week mortgage applications in the US increased 11.6% compared to last week, while mortgage rates have decreased once again near record-low levels that haven’t been seen in over a year.
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Mortgage Applications are on the Rise GMFS Mortgage – May 2017: Mortgage apps are on the rise. "The index for purchase applications reached its highest level since the beginning of October 2015, which was the week prior to the implementation of the federal government’s ‘know before you owe’ rule." said MBA economist Joel Kan.
U.S. mortgage applications rise in latest week: MBA – YouTube – Applications for U.S. home mortgages edged up last week along with purchase applications, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index.
US: Mortgage Applications on the rise – TruNews with Rick. – The group’s seasonally adjusted measure on total mortgage applications rose to 379.2, up 5.8 percent from the prior week. Reuters copy/ TRUNEWS summary. Share This!
In April, we looked at Povolny Group. their mortgage deduction limited because the total debt on the house exceeds the $1,000,000 statutory limitation? The decision was later reversed by the Ninth.
The Refinance Index. Meanwhile rose 2% to its highest level since November 2016, with the refinance share of mortgage activity rising to 46.6% of total applications from 45.4% a week earlier.
MBA: Mortgage applications rise again, but how long will this growth last? By Angel In Home loans contents applications rise Market composite index Mortgage bankers association reported Rank state economies.