Monthly Archives: July 2014

Mortgage Interest Rates | Mortgage Interest Rates Continue To Decline

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.2% in the group’s seasonally adjusted composite index. That followed a drop of 1% for the previous week. Mortgage loan rates slipped for all types of mortgage loans.The seasonally adjusted purchase index decreased 1% from the prior week’s report. On an unadjusted    .. more …

New Home Sales | Why Falling Prices For New Home Sales Can Increase Summer Sales

( Continued from Part 5 ) U.S. Census Bureau’s New Home Sales report for May The U.S. Census Bureau will release the New Home Sales report for the month of May on Tuesday, June 24. New home sales are one of the most important housing market indicators, making up about 7% of the total residential housing market. In contrast to existing home sales, which are recorded only on closings, new home sales    .. more …

Mortgage Interest Rates | Lower Mortgage Interest Rates Slow Drop In Applications

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 1% in the group’s seasonally adjusted composite index. That followed a drop of 9.2% for the previous week. Mortgage loan rates slipped for all types of mortgage loans except 5/1 adjustable rate mortgages.The seasonally adjusted purchase index decreased 1% from the    .. more …