{"id":5116,"date":"2013-07-18T14:59:27","date_gmt":"2013-07-18T14:59:27","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=5116"},"modified":"2013-07-18T14:59:27","modified_gmt":"2013-07-18T14:59:27","slug":"home-refinancing-demand-slips-to-2-year-low-as-rates-rise","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/home-refinancing-demand-slips-to-2-year-low-as-rates-rise\/","title":{"rendered":"Home Refinancing Demand Slips to 2-Year Low as Rates Rise"},"content":{"rendered":"<h2>Home Refinancing Demand Slips to 2-Year Low as Rates Rise.<\/h2>\n<div id=\"attachment_5118\" style=\"width: 266px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2013\/07\/ID-10085205.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-5118\" class=\"size-full wp-image-5118\" alt=\"Home Refinancing Demand Slips to 2-Year Low as Rates Rise.  Image courtesy of  phanlop88 \/ FreeDigitalPhotos.net  \" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2013\/07\/ID-10085205.jpg\" width=\"266\" height=\"400\" srcset=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2013\/07\/ID-10085205.jpg 266w, http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2013\/07\/ID-10085205-199x300.jpg 199w\" sizes=\"auto, (max-width: 266px) 100vw, 266px\" \/><\/a><p id=\"caption-attachment-5118\" class=\"wp-caption-text\">Home Refinancing Demand Slips to 2-Year Low as Rates Rise. Image courtesy of phanlop88 \/ FreeDigitalPhotos.net<\/p><\/div>\n<p>Mortgage rates are on the rise, prompting fewer home owners to refinance their mortgages, but the increase doesn\u2019t appear to be deterring home buyers yet.<\/p>\n<p>The lower\u00a0Home Refinancing demand caused overall mortgage applications to drop 2.6 percent last week, the Mortgage Bankers Association reported Wednesday. The MBA\u2019s survey covers about 75 percent of the residential mortgage market.<\/p>\n<p>Meanwhile, loan applications for home purchases &#8212; viewed as a leading indicator of future home sales &#8212; inched up slightly by 0.5 percent for the week ending July 12.<\/p>\n<p>Mortgage rates were at a two-year high last week, with the 30-year fixed-rate mortgage averaging 4.68 percent &#8212; the highest level since July 2011, the MBA reports.<\/p>\n<p><em>Source: \u201c<a href=\"http:\/\/www.chicagotribune.com\/business\/breaking\/chi-mortgage-applications-20130717,0,5271812.story\" target=\"_blank\">Higher mortgage rates push refinancing applications to 2-year low<\/a>,\u201d Reuters (July 17, 2013)<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home Refinancing Demand Slips to 2-Year Low as Rates Rise. Mortgage rates are on the rise, prompting fewer home owners to refinance their mortgages, but the increase doesn\u2019t appear to be deterring home buyers yet. The lower\u00a0Home Refinancing demand caused overall mortgage applications to drop 2.6 percent last week, the Mortgage Bankers Association reported Wednesday. &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/home-refinancing-demand-slips-to-2-year-low-as-rates-rise\/\">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-5116","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":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Home Refinancing Demand Slips to 2-Year Low as Rates Rise  - Real Estate Agent and Sales in PA - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. 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