Mortgage applications drop for second consecutive week

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“Rates increased in the second half of the week,” said Mike Fratantoni, MBA’s Vice President of Research and Economics. The survey covers over 75 percent of U.S. retail residential mortgage.

It was the second consecutive week that mortgage application volume increased. However, the two weeks were preceded by four consecutive weeks of declining volume. On an unadjusted basis, total volume fell 3% compared with the previous week.

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Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey, showing that mortgage rates dipped for the second consecutive week. Sam Khater, Freddie Mac’s chief.

Mortgage rates dropped for the second week in a row last week, according to Freddie Mac – but they’re still far higher than last year at this time. The bad news is that mortgage rates are.

Home loan applications were up for a second consecutive week, according to the latest Mortgage Bankers. likely spurred by the announcement of a drop in the FHA mortgage insurance premiums. Refi.

Mortgage Apps Drop Again, Jumbo-Conf Spread Doubles For the second consecutive week, fewer applications were completed for home loans. As long-term mortgage rates climbed to a seven-year high, the jumbo-conforming spread doubled.

 · Mortgage applications to purchase a home fell 1% for the week but were 7% higher annually. Lower mortgage rates aren’t enticing homebuyers much,

Radian takes $131M charge ahead of Clayton Holdings restructuring Clayton Holdings, a provider of loan due diligence and services to the mortgage and real estate industries, announced it acquired ValuAmerica, a Pittsburgh-based, national title agency, appraisal.

Mortgage rates tumbled for the second week in a row as long-term bond yields. information about your mortgage to the IRS] Meanwhile, mortgage applications were essentially flat last week, according.

Home resales drop for second consecutive month.. Friday’s report follows news this week that sales of newly built homes hit a record low in January and that mortgage applications plunged to.

Mortgage rates rose again this past week, the second consecutive week rates increased. Prior to the past two weeks of increases, average mortgage rates declined for almost two months straight. Mortgage rates were expected to rise again this week because 10 year bond yields rose 7 basis points.

Refinance Applications Drop for sixth consecutive week mar 28, 2012 WASHINGTON, D.C. (March 28, 2012) – Mortgage applications decreased 2.7 percent from one week earlier , according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 23, 2012.