Mortgage apps drop for 4th consecutive week

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Another drop in applications for mortgages — the second in as many weeks. The mortgage bankers association (MBA) reports mortgage applications were down 4.8% in the week ending February 26 from.

Mortgage apps drop for 5th straight week. HomeNews.. Mortgage application volume declined for the fifth consecutive week during the period ending August 10 as refinance applications increased.

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Refinance Applications Drop for Sixth Consecutive Week Mar 28, 2012 WASHINGTON, D.C. (March 28, 2012) – Mortgage applications decreased 2.7 percent from one week earlier , according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 23, 2012.

Total mortgage application volume barely moved last week, down 0.5 percent from the previous week, according to the Mortgage Bankers Association. That’s the second consecutive seasonally. from the.

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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.

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According to government-sponsored enterprise Freddie Mac’s Primary Mortgage Market Survey for the week ending July 25, the average rate for 30-year fixed rate mortgages dipped to 4.31% this week, a drop of 0.8 basis points from last week’s 4.37%. Last year at this time, the 30-year fixed-rate mortgage averaged 3.49%.

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mortgage application volume decreased for fourth consecutive week, falling 4.3% despite a drop in the average rate for a 30-year fixed rate mortgage to 4.42% from 4.46%, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey. For the week ended april 26, applications for.

Sam Khater, Freddie Mac’s chief economist, says, "Mortgage rates fell for the fourth consecutive week and continued the medium-term trend of lower rates since late 2018. The drop in mortgage rates is causing purchase demand to rise and the mix of demand is skewing to the higher end as more affluent consumers are typically more responsive to declines in rates."

Mortgage Rates Decline for Third Consecutive Week 30-year loan rate falls to 4.51%. Mortgage rates decreased for the third straight week, according to the Freddie Mac (OTCQB: FMCC) Primary.

House committee votes to end FHA Short Refi program Looking to refinance. Lender (GMAC) has my current loan. They are offering me a program called "Short Refinance." they say they will "forgive" the difference of $546,250 and my current loan (approximately $70,000) with this program. They are telling me the $70,000 is NOT taxable income, due to filing a 1099C form and this Short Refinance.

The decline marks the third consecutive weekly drop in new applications. The MBA included an adjustment to this report to account for the Labor Day holiday. Mortgage loan rates for top-tier borrowers.