Mortgage applications drop for second consecutive week

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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.

Notably, this week’s rate is much lower than last year’s rate of 4.4%. Freddie Mac Chief Economist Sam Khater said purchase mortgage application demand saw the second highest weekly increase over the.

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.

WASHINGTON, Oct. 31 (UPI) — The Federal Home Loan Mortgage Corp. said long-term lending rates fell for the second consecutive week in the week ending Thursday. Rates for 30-year fixed-rate mortgages.

Mortgage application volume decreased for fourth consecutive week, falling 4.3% despite a drop in the average rate for a 30-year fixed rate mortgage to 4.42% from 4.46%, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey. For the week ended April 26, applications for.

Mortgage rates fell for the second straight week for the week ending April 5, according to the Primary mortgage market survey released by Freddie Mac.

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.

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Mortgage applications down for second consecutive week Mortgage applications declined for the second week in a row last week, but are still not back to a recent low measured during the week that included Labor Day, the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey released today shows.

Inventory continues to be a challenge for homebuyers. Following last week’s decline, mortgage rates fell for the second consecutive week, according to Freddie Mac ‘s latest Primary Mortgage Market survey. "Homebuyers have taken advantage of the recent moderation in rates, which led to a 4% increase in purchase applications last week," Freddie Mac.

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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.