Record Low Interest Rates Spur Refinancings : US Home loan

Posted by Finance, Video Thursday, July 8th, 2010

Home loan applications jumped by 7 percent last week as consumers raced to mainly refinance their current loans at some of the lowest rates since records started being kept, the Mortgage Bankers Association reported. Residential home builders are up across the board, with the Philadelphia Housing Sector Index up 1.97 percent.

US mortgage demand tepid even as loan rates sink – finance home loans

Posted by Finance Wednesday, March 17th, 2010

NEW YORK, March 17 (Reuters) – Applications for U.S. home loans slid last week despite the lowest mortgage rates in more than three months, the Mortgage Bankers Association said on Wednesday, suggesting a long haul before housing recovers.

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