Tag Archives: application activity

Despite Record Low Mortgage Interest Rates, Mortgage Applications Declined Last Week

Interest rates aren’t everything when it comes to considering a mortgage. A more important consideration might be the state of the economy and an honest reckoning of one’s own prospects. Not many economists see economic growth ahead for several years. … Continue reading

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UK Mortgage Approvals Up

Mortgage loan approvals rose in April, new data has revealed. According to figures from the British Bankers’ Association (BBA), approvals rose nine per cent last month when compared to March. However, the figures are still lower than in the same … Continue reading

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Mortgage Applications Drop

From the AP: Mortgage application volume fell 4.6 percent during the week ending May 23, according to the trade group Mortgage Bankers Association’s weekly application survey. Refinance volume declined 8.9 percent, pushing total volume lower. Refinance applications accounted for 46.1 … Continue reading

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Housing Market Worst Since 1970s

From the Guardian: House sales could fall to their lowest level since the mid-1970s the Council of Mortgage Lenders warned yesterday, as it predicted a drop in prices and a halving in the mortgage market as a result of the … Continue reading

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Small Increase In Mortgage Applications

Here’s the news: The Mortgage Bankers Association said Wednesday morning that its Market Composite Index of mortgage application activity rose 2.9 percent to 674.4 for the week ended May 9; applications remained off 1.1 percent compared to year-ago activity, the … Continue reading

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