Mortgage apps drop for 4th consecutive week

Senate Bank Chair weighs sweeping GSE, mortgage lending overhaul Congress has voted to extend higher loan limits for the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac. Approved by the U.S. House of Representatives and Senate, President Barack Obama is expected to sign the initiative into law that would keep a ceiling of $729,750 for single-family home mortgages in high-cost areas other than Hawaii and Alaska in place until October 2011.

People shopping around for homes are pleased to see lower mortgage rates in western Massachusetts. People shopping around for homes are pleased to see lower mortgage rates in western Massachusetts.

Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.31 percent, down from 3.34 percent at this same time last week. The 30-year fixed mortgage rate remained relatively flat for the majority of the week, hovering between 3.34 and 3.32 percent before dropping.

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Refinance Apps Decline for fourth consecutive week. Has Demand Topped Out?. its Weekly Mortgage Applications Survey for the week ending. 1.6 percent from the previous week, which is the.

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Mortgage rates fell for a 4 th consecutive week in the week ending 23 rd May. 30-year fixed rates fell by 1 basis point following on from a 3 basis point fall from the previous week. The 1 basis.

Home prices in lackluster markets return to 1997 levels Even those sellers who want to downsize would be moving into a pricier market. home price gains had been shrinking, but the gains increased again in June for the first time in 14 months, according.

In what is starting to become an uncomfortable trend, the level of mortgage applications dropped for the fourth straight week, according to data from the Mortgage Bankers Association (MBA) covering the week ending April 27.

Total mortgage application volume in the US rose 2 percent in the week ended September 6th, following three consecutive weeks of declines, data from the Mortgage Bankers association showed. mortgage applications to purchase a home rose 5 percent while applications to refinance a home loan were up just 0.4 percent.

The 30-year fixed mortgage averaged 3.86 percent for the week ending Aug. 24, down from 3.89 percent the previous week.

Apps & Software; Consumer Electronics. Mortgage Loan Rates Drop for Third Consecutive Week.. following an increase of 4.6% for the week ending March 20. Mortgage loan rates decreased on all.

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For the second week straight, mortgage interest rates declined, according to the latest Freddie Mac Primary Mortgage Market Survey.The report has shown the 10-year Treasury yield rise by 5 basis points for the week ending July 27, 2017 while the 30-year fixed-rate mortgage dropped by 4 basis points to a new low.