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December 31, 2008

Home Refinancing - Mortgage applications hit five-year high - Houston Chronicle

Filed under: Refinance Home Loans — Administrator @ 2:19 pm

Mortgage applications hit five-year high - Houston Chronicle
Mortgage applications in the U.S. last week reached a five-year high as borrowing costs slid. The Mortgage Bankers Association s index of applications to purchase a home or refinance a loan rose to 1,245.7, the highest level since 2003, from the

Mortgage rates fall to new record low - Associated Press
WASHINGTON (AP) — Rates on 30-year fixed-rate mortgages fell to a record low for the second straight week, causing refinancing applications to surge to the highest level in more than five years, a month after the Federal Reserve pledged to channel

U.S. Mortgage Rates Fall to Lowest in Three Decades (Update2) - Bloomberg
Dec. 31 (Bloomberg) — U.S. mortgage rates dropped to the lowest in more than three decades as the government stepped up efforts to revive the housing market. The average rate on a 30-year fixed mortgage tumbled for a ninth straight week, to 5.10

Mortgage applications unchanged at 5-year peak - CNN Money
NEW YORK (Reuters) — Demand for U.S. mortgage applications was unchanged during the Christmas holiday week, holding the highest levels in more than five years with loan rates near record lows, an industry group said on Wednesday. Borrowing costs

Mortgage applications remain at 5-year highs - Seattle Times
Mortgage applications remained at their highest level in more than five years last week, as borrowers took advantage of attractive rates and rushed to refinance their home loans. While low rates are a great opportunity for borrowers with solid credit

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