Arab Today, arab today mortgage applications rebound in week
Last Updated : GMT 11:39:24
Arab Today, arab today
Arab Today, arab today

Mortgage applications rebound in week

Arab Today, arab today

Arab Today, arab today Mortgage applications rebound in week

Washington - UPI

U.S. mortgage activity jumped in the week ending Friday, partly because activity the previous week was suppressed due to Hurricane Sandy. With the numbers skewed in the previous week, the volume of mortgage applications jumped 12.6 percent in the week, while refinancing activity rose 13 percent, the Mortgage Bankers Association said Wednesday. \"Following the decrease in applications two weeks ago due to the effects of Superstorm Sandy, mortgage applications in many East Coast states rebounded strongly this week,\" Mike Fratantoni, vice president of research and economics at the Mortgage Bankers Association, said in a statement. Application activity, previously down 60 percent, in New Jersey \"more than doubled,\" in the most recent week. Volume in New York and Connecticut rose more than 60 percent in the week, the MBA said. In the week that ended Friday, interest rates for 30-year, fixed-rate conforming mortgages fell from 3.61 percent to 3.52 percent with points falling from 0.45 to 0.41. The beat the previous record low for fixed-rate, 30-year loans, which had been 3.53 percent. The average interest rate for 30-year contracts on jumbo loans -- those larger than $417,500 -- fell from 3.88 percent to 3.83 percent with points rising from 0.36 to 0.41. Interest rates for 15-year, fixed-rate mortgages fell from 2.95 percent to 2.88. Points for 15-year, fixed-rate contracts fell from 0.4 to 0.37. The average rate for 30-year loans backed by the Federal Housing Administration fell from 3.37 percent to 3.34 percent with points rising from 0.75 to 0.78. Average rate for short-term, adjustable-rate mortgages fell from 2.61 percent to 2.6 percent in the week with points decreasing from 0.41 to 0.3, the MBA said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today mortgage applications rebound in week Arab Today, arab today mortgage applications rebound in week

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today mortgage applications rebound in week Arab Today, arab today mortgage applications rebound in week

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today US travel restrictions are still 'Muslim ban'

GMT 00:54 2017 Tuesday ,26 September

US travel restrictions are still 'Muslim ban'
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel builds settlements 'at high rate'

GMT 01:04 2017 Tuesday ,26 September

Israel builds settlements 'at high rate'
Arab Today, arab today Saudi clerics use Twitter, textbooks

GMT 10:13 2017 Tuesday ,26 September

Saudi clerics use Twitter, textbooks
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Personality study finds fish have hidden depths

GMT 00:43 2017 Tuesday ,26 September

Personality study finds fish have hidden depths
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Botanical gardens a lifeboat

GMT 02:50 2017 Tuesday ,26 September

Botanical gardens a lifeboat
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Mai Kassab happy for participating in new film

GMT 09:33 2017 Friday ,22 September

Mai Kassab happy for participating in new film
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 16:08 2017 Monday ,25 September

'World's heaviest woman' dies

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday