U.S. mortgage applications fell for a fourth straight week last week despite a jump in refinancings as lower interest rates on fixed-rate loans enticed home-owners to switch out of adjustable-rate mortgages, an industry trade group said on Wednesday.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity for the week ended December […]

The number of mortgage applications filed last week fell to the lowest level in more than three years, more evidence the U.S. housing market is stumbling.
The Mortgage Bankers Association’s index of applications to buy a home or refinance an existing mortgage declined 6.8 percent to 554.1 last week, from 594.6 a week earlier. The gauge […]

Reuters: U.S. mortgage applications increased last week, driven by a brisk rise in demand for loans to purchase homes even as interest rates rose to 16-month highs.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity for the week ended Nov. 4 increased 2.3 percent to 661.3, up from the previous week’s […]

Some good news on housing figures with the housing market not flattening or plunging in the second quarter.
To the shock of many, house prices registered the biggest price leap in 26 years, says a report released Thursday by the Office of Federal Housing Enterprise Oversight. House prices rose 13.43% nationally between the end of the […]

Freddie Mac’s August 2005 Economic Outlook report issued this week states that “The brightest light in the U.S. economy continues to be the housing sector.”
The report notes that new records were achieved in June for sales of both new and existing houses and sales and are running six percent higher during the first half of […]

The latest stats on Twin Cities home sales indicate that from January through July, the number of closed sales was less than 1 percent behind last year’s record pace, while the number of new listings lagged only 1.52 percent behind last year, according to data released by the Minneapolis Area Association of Realtors.
During July there […]

Freddie Mac’s July Economic Outlook Report states that housing is indeed providing substantial impetus to the U.S. economy. Housing consumption and investment provided 22 percent of the growth in the U.S. Gross Domestic Product (GDP) according to revised figures for the first quarter of 2005.

The refinance share of all mortgage activity hit 46.4 percent, the highest since April 2004. A week ago, 42.9 percent of mortgages were the refinancing of old mortgages, according to the Mortgage Bankers Association in Washington.
The average interest rate for 30-year fixed rate mortgages was 5.62 percent, up ever-so-slightly from 5.55 percent a week earlier, […]

This has got to be a good sign of strength in the economy
(AP) — The percentage of late mortgage payments registered in the first quarter was the lowest in nearly five years.
The seasonally adjusted percentage of mortgage payments that were 30 or more days past due for all home loans surveyed dropped to 4.31 percent […]

Americans increased their borrowing for auto loans and other types of consumer debt at an annual rate of 0.7 percent in April, the slowest increase in five months, the government said Tuesday.
The Federal Reserve reported that the April increase represented a rise in consumer credit of $1.26 billion, significantly below the $7.5 billion increase that […]