Archive for the ‘Loan Application’ tag
Fed Report on Inflation Prompts Moderation in Interest Rates
Mortgage interest rates dropped slightly during the
week ended July 3 according to results of the Primary Mortgage Market
Survey released by Freddie Mac.
The 30-year fixed-rate mortgage (FRM) eased back from the 6.45 percent
with 0.6 point that it had averaged for the week ended July 26 to 6.35
percent also with 0.6 point.
Loan activity as measured by loan application volume
increased…
Mortgages Rates, Loan Applications Remain Mostly in Doldrums
Long term mortgage interest rates as reported by
Freddie Mac in its Primary Mortgage Market Survey were virtually
unchanged during the week which ended April 17. However, long term rates
as reported by the Mortgage Bankers Association in their Weekly Mortgage
Applications Survey for the week ended April 18 underwent
significant upward movement.