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Mortgage applications drop for second consecutive week

mortgage rates fall for Second Week 30-year fixed rate now 4.54%, Freddie says. Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ,

According to the Mortgage Bankers Association’s (mba) weekly mortgage applications Survey for the week ending March 23, 2012, mortgage applications decreased 2.7 percent from one week earlier. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7 percent on a seasonally adjusted basis from one week earlier.

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Mortgage loan rates fell on all types of loans for the second consecutive. US assets last week, leading to sharp drops in interest rates. Mortgage rates for most loan products fell to their lowest.

New York, New York, USA, 13 July 2006 — /PRNewswire/ — Fixed mortgage rates continued to drop this week. The average 30-year fixed rate mortgage dipped to 6.87% from 6.91%. According to Bankrate.com’s weekly national survey of large lenders, the 30-year fixed rate mortgages had an average of 0.31 discount and origination points.

 · According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 23, 2012, mortgage applications decreased 2.7 percent from one week earlier. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7 percent on a seasonally adjusted basis from one week earlier.

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NEW YORK (Reuters) – Applications for home mortgages slipped for a second consecutive week as borrowing rates crept higher. that fell a record 14.1 percent last quarter are expected to drop another.

A Resource For Home Buyers.. Mortgage rates drop for third consecutive week. October 3, 2013. In the face of a government shutdown, the effect on mortgage rates seems to have been small, as rates have dropped again for the third consecutive week.

For the second week straight, mortgage interest rates declined, according to the latest Freddie Mac Primary Mortgage Market Survey. The report has shown the 10-year Treasury yield rise by 5 basis points for the week ending July 27, 2017 while the 30-year fixed-rate mortgage dropped by 4 basis points to a new low.

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Applications have declined almost 20 percent during the past month. "This was a big drop, there’s no doubt about it," said Michael Fratantoni, the trade group’s vice president of research and.

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