{"id":3685,"date":"2012-09-28T13:38:58","date_gmt":"2012-09-28T13:38:58","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=3685"},"modified":"2012-09-28T13:38:58","modified_gmt":"2012-09-28T13:38:58","slug":"loan-applications-rise-as-rates-reach-record-lows","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/loan-applications-rise-as-rates-reach-record-lows\/","title":{"rendered":"Loan Applications Rise as Rates Reach Record Lows"},"content":{"rendered":"

Loan Applications Rise as Rates Reach Record Lows.<\/h2>\n
\"Loan<\/a>

Loan Applications Rise as Rates Reach Record Lows<\/p><\/div>\n

More home owners and purchasers took advantage of locking in last week\u2019s record low rates. Mortgage\u00a0Loan Applications<\/strong> \u2014 which include both for refinancing and purchase \u2014 rose 2.8 percent for the week ending Sept. 21, the Mortgage Bankers Association reports.<\/p>\n

Mortgage\u00a0Loan Applications<\/em> for home purchases, an indicator for future home sales, increased 0.7 percent last week. Applications for refinancing rose 3.3 percent, as more home owners tried to trim their monthly mortgage payment by locking in a lower rate.<\/p>\n

Mortgage rates last week sank to record lows, following the Federal Reserve\u2019s announcement of more stimulus efforts on the way. The Fed announced it would purchase $40 billion in mortgage-backed securities every month, which is expected to send rates even lower. The 30-year fixed-rate mortgage averaged 3.63 percent, its lowest level on record, according to the MBA.<\/p>\n

Source: \u201cMortgage Applications Rose as Rates Hit New Lows<\/a>,\u201d NBC News (Sept. 26, 2012)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Loan Applications Rise as Rates Reach Record Lows. More home owners and purchasers took advantage of locking in last week\u2019s record low rates. Mortgage\u00a0Loan Applications \u2014 which include both for refinancing and purchase \u2014 rose 2.8 percent for the week ending Sept. 21, the Mortgage Bankers Association reports. Mortgage\u00a0Loan Applications for home purchases, an indicator … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-3685","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nLoan Applications Rise as Rates Reach Record Lows - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"Loan Applications Rise as Rates Reach Record Lows. 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