Arab Today, arab today mortgage activity flat with rates low
Last Updated : GMT 17:33:09
Arab Today, arab today
Arab Today, arab today

Mortgage activity flat with rates low

Arab Today, arab today

Arab Today, arab today Mortgage activity flat with rates low

Washington - UPI

Mortgage activity fell slightly last week, as long term interest rates set or remain near historic lows, the Mortgage Bankers Association said Wednesday. In the week that ended Friday, U.S. mortgage activity slipped 1.4 percent and refinancing fell 2 percent, the MBA said. Mortgage activity slowed after a week in which loan applications swelled at financial firms, due to historic lows in interest rates. This week, rates remained low but application activity tailed off, the MBA said. In the week that ended Friday, interest rates for 30-year, fixed-rate conforming mortgages rose from 3.53 percent to 3.56 percent with points rising from 0.35 to 0.39. The average interest rate for 30-year contracts on jumbo loans -- loans larger than $417,500 -- fell from 3.82 percent to 3.74 percent, a low for the history of the survey. Points for 30-year jumbo loans rose from 0.32 to 0.4. Loans for 15-year, fixed-rate mortgages dropped from 2.9 percent to 2.88 percent -- another record low. Points for 15-year, fixed rate contracts rose from 0.27 to 0.4. Average rates also for 30-year loans backed by the Federal Housing Administration hit an historic low of 3.34 percent, while average rates for short-term adjustable rate mortgages rose from 2.59 percent to 2.6 percent in the week, 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 activity flat with rates low Arab Today, arab today mortgage activity flat with rates low

 



Arab Today, arab today

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 activity flat with rates low Arab Today, arab today mortgage activity flat with rates low

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today
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