Mortgage apps drop 3.5%, refis drop 8%

A drop from 4.75% to 3.5% on a 200K mortgage would result in a $143.20 per month savings. That equates to a 14% drop. If there was a 3 year break even that would be worth it by most standards if you plan on keeping the house even for 5 more years. A 3 year break even would allow them to spend $5155.20 on a refinance to get the 3.5% rate.

In a move that that could nudge consumer borrowing costs higher, the Fed agreed Wednesday to begin gradually shedding much of the roughly $3.5 trillion in bonds it snapped. of the rate over the.

It shipped 8 million units, or 48% more than the 5.4 million units Fitbit. Fitbit chose to develop its own operating system rather than going with Android and it had few compatible apps to go with.

Builder Mortgage Applications Drop 2.8% On A Seasonally-Adjusted Basis Over The Holidays Conforming loan interest rates remain stable, while jumbo loan interest rates drop to 4.13% from 4.21% last.

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MBA mortgage applications for the week ending February 1 fell 2.5% as refis are still about 42% of apps and ARMs were 8%. The November trade deficit and preliminary Q4 productivity and unit labor.

Mortgage applications decreased 3.9% from one week earlier, while rates decreased on all five types of loans last week, a full-reversal of the prior week’s increases in interest rates.

[Photos] Home inspector appraises vacant property, leaves with grumpy-looking cat Pending home sales rise for 15th straight month Pending Home Sales Rise for Second Straight Month says NAR. – The number of pending home sales increased for the second straight month according to the National Association of Realtors.. The pending home sales index rose 4.3 percent to 82.3 based on contracts signed in August from a downwardly revised 78.9 in July, but is 20.1 percent below August 2009 when it was 103.0.

The "judge" in today’s case is this morning’s CPI (Consumer Price. The impact wouldn’t necessarily be huge with a small beat, because markets are already expecting a 0.1% uptick to 1.8%. Markets.

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Zillow and Trulia continue to set records Hillary Clinton says she’d let big banks fail  · « Back Clinton admits she failed to do her homework, and therefore misunderstood, when she stated at the February debate that Dodd-Frank already authorizes the Treasury Dept. to force too-big-to-fail banks to pare down and that therefore no further legislation authorizing it is necessary.Because Redfin is a real estate brokerage, we are able to get for sale homes data, sold homes data, and property attribute (beds, baths, etc) data directly from multiple listing service (mls) organizations throughout the United States. We show all.

The adjustable-rate mortgage (arm) share of activity came in at 6.7% of total applications, the FHA share inched up 0.2% to 10.4%, the VA share of total applications rose to 11.5% from 10.3% the.

"While the magnitude of the drop this quarter may be surprising. “The average time to sale agreed continues to decline – nationally its 3.5 months, down from 3.8 months previously. "In Dublin, it’s.

FHFA extends FHLB membership proposed rule comment period FHFA Extends Comment Period for proposed gse capital standards published on July 31, 2018 by Greg Zagorski The Federal Housing Finance Agency (FHFA) announced today it is extending the comment period for a proposed rule that would establish new capital requirements for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.

Asking Home Prices Fall 0.3 Percent Month-Over-Month Asking home prices are now starting to lose steam as mortgage rates rise. saw Q-o-Q gains drop by at least two percentage points between April.