Refinance applications rise as rates fall to a seven-month low

US mortgage rates fall to 3-month low; 30-year at 4.63 pct. – US mortgage rates fall to 3-month low; 30-year at 4.63 pct.. The rate on 15-year fixed-rate loans fell to 4.07 percent from 4.21 percent the previous week.. refinance applications increased.

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The Commerce Department said on Wednesday new home sales tumbled 9.4 percent to a seasonally adjusted annual rate of 571,000 units last month. Bankers Association on Wednesday showed applications.

Mortgage applications fall 4.6% as rates rise. diana Olick. CNBC. October 25, 2017. the highest since May.Mortgage applications to refinance a home loan fell 3 percent for the week and are down.

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A mortgage rate lock float down is a. goes unused. If rates have fallen or are at historic lows, it might not make sense to pay the fee for the float-down option. Also, the borrower can always.

Mortgage Applications Fall as Rates Rise to Highest Level in. – Mortgage applications decreased 0.5 percent from one week earlier as interest rates rose.. Mortgage Applications Fall as Rates Rise to Highest Level in Month (iStock). The refinance share of mortgage activity decreased to 50.8 percent of total applications from 52.1 percent the previous.

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The benchmark 30-year fixed-rate mortgage fell this week to 4.20 percent from 4.27 percent a week ago, according to Bankrate’s weekly survey of large lenders. It’s the lowest the 30-year fixed.

* Refinancing applications fall to lowest in over 17-1/2 years * Loan requests to buy a home decline to near 6-month low * Most mortgage rates stay flat or fall from prior week (Adds details on.

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Gold hits two-month high as stock markets fall. US mortgage applications rise as rates touch 3-month low.. we saw another weekly increase in refinance applications, along with a rise in the.

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