The number of people securing a home loan increased 10.9% for the week ending Aug. 8, according to the Mortgage Bankers Association. This marks the second week in a row the demand for mortgage applications grew. The surge in applications comes as the mortgage interest rate on a 30-year fixed home loan was 6.63% for
The demand to finance a home surged as mortgage applications increased 3.1% for the week ending August 1, according to the Mortgage Bankers Association. The increase comes after applications decreased 3.8% the week prior. In addition, mortgage interest rates remained fairly steady at 6.72% for a 30-year fixed mortgage, for the week ending July 31, according
The interest in home loans continues its up and down pattern. Mortgage applications decreased 3.8% for the week ending July 25, according to the Mortgage Bankers Association. The downturn comes after a slight 0.8% uptick last week. In addition, mortgage interest rates remained fairly steady at 6.74% for a 30-year fixed mortgage, for the week ending
Home loan applications ticked up slightly to 0.8% for the week ending July 18, according Mortgage Bankers Association (MBA). The slight increase comes after applications decreased 10% the week prior. Any movement in a positive direction is good news after mortgage interest rates continued to climb. The average interest rate on a 30-year fixed rate