Mortgage applications retreated 1.9% from last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 19, 2019. This means on an unadjusted basis, the index slid 2% from the previous week. MBA Vice President of Economic and Industry Forecasting Joel Kan said purchase applications decreased for the second straight week and.
Contents Committed: freddie mac Nudge consumer borrowing Mortgage experts predict Mortgage rates fuel Apartment building skidded 9.4%. applications Licensed insurance agency 13 days ago WASHINGTON – U.S. home construction slipped last month as an uptick in the building of single-family homes was offset by a big drop in apartment construction.
Mortgage rates fell slightly for the fourth consecutive week as latest economic data showed weakness in manufacturing, personal income, personal spending, construction spending, durable goods.
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey, showing that mortgage rates dipped for the second consecutive week. Sam Khater, Freddie Mac’s chief.
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Mortgage Rates Lower Than Expected for the Fourth Consecutive Week! – We’re only a few weeks into the new year and there have already been some unexpected changes to mortgage rates. At the end of 2013, rates were 1.125%
According to government-sponsored enterprise Freddie Mac’s Primary Mortgage Market Survey for the week ending July 25, the average rate for 30-year fixed rate mortgages dipped to 4.31% this week, a drop of 0.8 basis points from last week’s 4.37%. Last year at this time, the 30-year fixed-rate mortgage averaged 3.49%.