Slows

Mortgage Applications Today: New Home Loans and Refinancing Slows Despite Lower Rates For Now

by
Couple house-hunting with Realtor

Mortgage applications decreased 1.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA). It’s an about-face from the week prior when home loans saw a 7.1% increase. This comes as mortgage interest rates dipped to 6.17% for the week ending Oct. 30, according to Freddie Mac. That’s the fourth straight week of … Read more

Home Value Growth Slows Further as Prices Drop in 9 of Top 20 Metros

by
Home Value Growth Slows Further as Prices Drop in 9 of Top 20 Metros

National growth in home values continues to slow, with prices now falling in 9 out of the 20 major metro areas tracked by a key index. The value of single-family homes in the U.S. as measured by repeat transactions rose 1.5% in August compared to a year earlier, according to data from the S&P Cotality Case-Shiller … Read more