New Mortgages Soar as Loan Rates Tumble to 15-Month Lows. There was a tremendous surge in overall applications activity, as mortgage rates fell for the fourth week in a row – with rates for.

Mortgage loan rates for a top-tier 30-year fixed-rate loan dropped from 4.57% to 4.45% last week, according to mortgage news daily. As of Tuesday night, top-tier borrowers were paying 4.14% for that.

U.S. mortgage activity picks up as loan rates tumble: MBA – NEW YORK (Reuters) – U.S. mortgage applications edged up last week, led by a jump in requests for refinancing, as home borrowing costs fell to their lowest levels in nearly 17 months on worries about.

Will that demand dry up just as quickly as it appeared, even if rates only pick up by a few basis points? It appears that may be the case, as new data from the Mortgage Bankers Association shows.

U.S. mortgage activity picks up as loan rates tumble: MBA U.S. mortgage applications edged up last week, led by a jump in requests for refinancing, as home borrowing costs fell to their lowest levels in nearly 17 months.

Rates are still expected to creep higher. The U.S. 10-year closed. Tomorrow things pick back up slightly with the September NAHB Housing Market Index and July Net Long-Term TIC Flows. Wednesday.

"The U.S. rates, according to the latest data from the Mortgage Bankers Association. The market composite index – a measure of total loan application volume – decreased 2.5 percent from a week.

U.S. mortgage requests rise as loan rates hold near 10-month low: MBA. overall application activity picked up over the week," Joel Kan, MBA’s associate vice president of industry surveys and.

So far, mortgage rates haven’t gone down as dramatically. “Rates were buoyed, at times, by assertions that the [U.S. activity higher than the same time last year,” said Bob Broeksmit, MBA president.

Fixed mortgage rates sank to a 10-month low this week amid uncertainty about the health of the economy. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate.

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Consumer spending rose at a 3.3 percent rate, the strongest since the fourth quarter of 2010. Consumer spending, which accounts for more than two-thirds of U.S. economic activity. growth unless.

2 Things You Need to Know to Properly Price Your Home