Tag Archives: rates

Lower Rates Give Loan Demand Slight Boost

After several weeks of drops in interest rates, mortgage applications finally got a modest lift as refinancers and home buyers took advantage of the dip — albeit still at an anemic...

Did Expanded Jobless Benefits Lead to Lower Foreclosure Rates?

A new study suggests that about 1.4 million foreclosures between 2008 and 2012 were prevented because the expansion of unemployment insurance benefits cut the likelihood of mortgage...

Lower Rates Aren’t Lifting Loan Demand

Lower mortgage rates in recent weeks aren’t triggering a pickup in mortgage applications. For the fifth time in the past six weeks, mortgage applications dropped nationwide,...

It’s 2014 — Why Aren’t Mortgage Rates Higher?

Economists have predicted that mortgage rates will rise in 2014, but so far, nothing’s happening. For the past month, mortgage rates have mostly stayed flat or moved lower, with...

Could Interest Rates Get Buyers Off the Fence?

Though borrowing costs are increasing as interest rates have lifted from their historical lows, some real estate professionals believe the rise may boost home sales. “It will get...

Where Are Mortgage Rates Heading in 2014?

Mortgage rates will likely rise above 5 percent in 2014 and average 5.3 percent by the end of 2015, according to the Mortgage Bankers Association’s forecast. That would mark a big...

Surprise Fed Move Could Ease Mortgage Rates

Federal Reserve Chairman Ben Bernanke shocked the financial world Wednesday by announcing that the Fed would wait “a little longer” before tapering its $85 billion-a-month...

Buyers Say Rising Rates are Painful

Buyers blame rising mortgage rates for making it more difficult to purchase a home and altering the pace of their home search, according to a new Redfin survey of more than 1,700 home...

Mortgage Rates Calm—For Now

Average fixed-rate mortgages remained mostly unchanged this week, after seesawing the past few weeks, Freddie Mac reports in its weekly mortgage market survey. Mortgage rates have...

Mortgage Applications Rebound Despite Higher Rates

Mortgage applications for home purchases climbed last week, even as rates continued to rise, the Mortgage Bankers Association reports in its weekly mortgage market survey. Loan...