Treasuries face the effects of the ongoing European debt crisis, opening the morning down from yesterday.
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Tag Archives: Mortgage Applications
Mortgage Backed Securities and Applications on the Rise – Market Update
The market shows promise as mortgage backed securities and applications both increase their previously measured rates.
Mortgage Applications Increase in Latest Weekly Report
According to the Mortgage Bankers Association, mortgage applications have increased since last week. Record-low interest rates have attracted home owners to refinance and prospective home buyers to buy a home.
MyQL Mobile Allows You To Enjoy Your Easiest Mortgage Ever!
Introducing the amazing new MyQL Mobile iPhone app from Quicken Loans. Stay connected to your mortgage & take pictures of your documents and send them to us using your iPhone 4. How cool is that?! Ummmm…very cool!
Lowest Mortgage Rates In History – Plus Applications On The Rise
Could this be a turnaround in the mortgage market? The lowest mortgage rates in history coupled with an upswing in purchase applications?
Mortgage Refinances Hit Highest Levels Since May 2009
Consumers know a good deal when they see it. Mortgage rates are low, and applications are up!
Market Update – Fed to Continue Buying Treasuries Through Mid-September
The Fed bought its first $2.5 billion of Treasuries yesterday after announcing that it would begin purchasing government debt using funds from maturing mortgage bonds that it holds. The expectation is that the Fed will continue to purchase Treasuries through mid-September. In economic news this morning, the MBA mortgage application index report showed that applications rose 13% last week, with refinance activity leading the number at an increase of 17%.
Market Update – ISM Non-Manufacturing Index Expected to Drop
This morning we had the MBA mortgage application report which showed that applications rose 1.3% last week, with the purchase applications component coming in slightly higher at 1.5%. Also, later this morning the July ISM non-manufacturing index is expected to drop for the 2nd month in a row from – .8 points to 53. Readings above 50 signal expansion.
The Credit Report Mistake No One Will Tell You!
Disputing items on your report may be a tool to improve your credit score, but did you know credit report disputes can also cause holdups for your mortgage? Ever vigilant to share tips and tricks on all things mortgage related, I plunged the depths of my own finance fiasco to shed light on this rarely discussed home loan stumbling block.
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