Two weeks of rising rates are taking their toll on homeowners hoping to refinance, but homebuyers are not pulling back.
div > div.group > p:first-child"> Mortgage applications to purchase a home rose 1% last week from the previous week and were 7% higher than a year ago. Purchase applications reached their highest level since April 2010.
Applications to refinance a home loan brought the total down, falling 8% for the week but still rising 26% from a year ago, when interest rates were higher. "With mortgage rates up for the second week in a row, it's no surprise that refinancings slid 8%, and average loan sizes dropped back closer to normal levels," said Joel Kan, MBA's associate vice president of economic and industry forecasting."The spring buying season continues to be robust."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Two dead after buildings collapse in militia-controlled Rio neighborhoodAt least two people died and two more were injured when two unlicensed buildings...
Baca lebih lajut »
Israel's election a decisive win for the right wing — and the two-state solution looks deadFears rise that Netanyahu could now attempt to annex the disputed territory of the West Bank.
Baca lebih lajut »
Disney draws second upgrade in two days as Wall Street eagerly awaits streaming service launchBMO Capital Markets upgraded Walt Disney Company stock Wednesday as the media content giant prepares to launch its streaming service.
Baca lebih lajut »
Two out of three hotels accidentally leak guests' personal data: SymantecTwo out of three hotel websites inadvertently leak guests' booking details ...
Baca lebih lajut »
Fire at Bangkok shopping mall kills at least two, injures 16At least two people died and 16 were injured when fire broke out on Wednesday at...
Baca lebih lajut »
Pompeo will not publicly back two-state solution for Israel and PalestiniansU.S. Secretary of State Mike Pompeo declined on Wednesday to publicly say the Tr...
Baca lebih lajut »
It is round two for Lara and Eric Trump in the baby departmentPresident Donald Trump's daughter-in-law, Lara Trump, announced she is expecting her second child with husband Eric Trump. This will be the president's tenth grandchild.
Baca lebih lajut »
Police now say two women were shot at Nipsey Hussle's vigilThe LAPD now says two women were shot while attending a vigil for rapper Nipsey Hussle on the day after he was killed. Police previously said there had been no reports of a shooting at the vigil, where a mass panic broke out and sent people stampeding into the streets.
Baca lebih lajut »
For Palestinians the two-state solution was dead long before Netanyahu winAnalysts say the prospect of establishing an independent Palestinian state was consistently frustrated by Israel while the solution failed to address key grievances.
Baca lebih lajut »
Cisco, Apple and IBM are leading the Dow this year, but only two look good, according to two expertsThe Dow's top performers this year are a blast from the past. Legacy tech stocks including Apple, Cisco and IBM have topped the blue-chip index.
Baca lebih lajut »
Shells hit Tripoli as Haftar's two-week siege ragesShells slammed into a Tripoli suburb overnight, piling on the suffering to civil...
Baca lebih lajut »