NEW YORK (Reuters) - Applications for U.S. home mortgages surged last week, driven by increased demand for refinancing as interest rates hit fresh lows, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, jumped 9.2 percent in the week ended May 11. The
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Mortgage refinancing applications jump; rates fall: MBA
Posted by mortgage 6 days ago (Editorial)
Mortgage Rates in U.S. Fall to Record Lows With 30-Year at 3.79%
Posted by mortgage 6 days ago (Editorial)
Mortgage rates in the U.S. fell to a record for a third straight week, reducing borrowing costs as the housing market improves and home-loan defaults decline.
The Dewey chronicles: The rise and fall of a legal titan
Posted by mortgage 11 days ago (Editorial)
NEW YORK (Reuters) - It was a tale of doom foretold in a pie chart. On January 27, Dewey & LeBoeuf's partners were summoned to a meeting on the 22nd floor of the law firm's New York City headquarters to discuss the firm's finances. While most of them knew Dewey LeBoeuf faced challenging times, few were prepared for what they were soon to hear from their chairman, Steven Davis. ...
Mortgage rates fall to new lows again
Posted by mortgage 11 days ago (Editorial)
WASHINGTON - Average rates for 30-year and 15-year fixed mortgages fell to fresh lows this week.
Mortgage Rates in U.S. Fall to Record Lows With 30-Year at 3.83%
Posted by mortgage 13 days ago (Editorial)
Mortgage rates in the U.S. declined for a third week, reaching record lows as the housing market shows signs of stabilizing.
Mortgage Applications Rise as Rates Fall to New Lows
Posted by mortgage 14 days ago (Editorial)
Applications for U.S. home mortgages rose last week, with purchase demand improving for the third week in a row as loan rates fell to new lows, an industry group said on Wednesday.
House prices fall 2.4pc as tax break ends
Posted by mortgage 18 days ago (Editorial)
House prices continued to "fluctuate quite widely" in April as the average price dropped 2.4pc, said mortgage lender Halifax.
Fixed Mortgage Rates Fall to All-Time Low on Weak GDP Report, Euro Zone Concerns
Posted by mortgage 19 days ago (Editorial)
Average rates on 30-year fixed-rate mortgages fell to a new low of 3.84 percent.
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