U.S. mortgage applications fall on higher rates, storms: MBA

(Reuters) – U.S. mortgage applications to buy a home or to refinance one fell for a third straight week as borrowers’ worries about trade tensions offset a decline in some home borrowing costs, the.

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From the mba: mortgage applications Increase in Latest MBA Weekly Survey Mortgage applications increased 5.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 4, 2019.

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NEW YORK, June 19 (Reuters) – U.S. mortgage applications declined last week from about a 33-month peak as most home borrowing costs moved up from their lowest levels since September 2017, the.

Last week, the average interest rate on conforming 30-year fixed-rate mortgages edged up to 4.04 percent from the prior week’s 4.03 percent, which was the lowest since November, the MBA said.

MBA Mortgage Applications Composite Index: +2.0% vs. -3.1% (W/W).. Mortgage applications higher as interest rates fall. Sep. 11, 2019 7:04 AM ET. U.S. Economy. Mortgage applications higher.

U.S. mortgage applications fall as trade worries offset lower rates.. 3 High-Yield But Higher-Risk Stocks That Could Boost Retirement Income.. Other mortgage rates MBA tracks were mixed.

NEW YORK (Reuters) – Applications for U.S. home mortgages plunged to their lowest level. said the indexes tend to be volatile on a weekly basis, but sees higher mortgage rates as the reason behind.

MBA Mortgage Applications. Mortgage applications were down 0.1% on the week as reported by the Mortgage Bankers Association. Purchase applications were up 3% and refinance applications fell 5% on the week. The average rate on a 30-year conforming mortgage.

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The movement of the 10-year Treasury bond is one of the best indicators whether mortgage rates will rise or fall. a measure of total loan application volume – plummeted 27 percent from two weeks.