NEW YORK, Jan 28 (Reuters) - Applications for U.S. home mortgages fell last week as mortgage rates edged higher, data from an industry group showed on Wednesday.
housing weren't as influential on the economy as they had been in the past. And tight lending conditions--and not mortgage rates --were what was constraining the housing market. QE Offers New Mechanisms to Bring Up Inflation Rates and the Economy
affordability [was a factor]--with the prices up, mortgage rates relatively flat to a little up, especially at the ..... those kind of held back the data, too. Glaser: So, mortgage rates are down a little bit, but those other factors are
NEW YORK, (Reuters) - Applications for U.S. home mortgages rose last week as mortgage rates continued to slide, bringing activity to a 17-month high for a second straight week, data from an industry group showed on Wednesday.
despite recent volatility. In addition to a brightening economic outlook due to falling energy prices and lower mortgage rates (which has led to a surge in new purchase applications), the expected announcement of quantitative easing by the
WARSAW, Jan 19 (Reuters) - Polish banks should cut the mortgage rates they charge borrowers because the surge in the value of the Swiss franc against the zloty requires "extraordinary" measures, central bank chief Marek Belka said on Monday.
bump up your savings. Benz: Absolutely. One silver lining we've seen with low interest rates right now is that mortgage rates have been dropping. The typical rate is now around 3.65% on a 30-year loan. So we've seen a lot of people
Reuters) - Applications for U.S. home mortgages surged by the most in more than six years last week as 30-year mortgage rates dropped below 4 percent for the first time since May 2013 on the back of falling U.S. government bond yields
to appreciate. Yields continue to decline, and the commensurate drop in consumer borrowing costs – especially mortgage rates – has driven consumer financial obligation ratios to their lowest levels in 40 years. According to our New Neutral
* Tentative signs that house price growth may be cooling (Adds Bank of Ireland rate cut)