{"id":4871,"date":"2013-05-23T11:34:33","date_gmt":"2013-05-23T11:34:33","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=4871"},"modified":"2013-05-23T11:34:33","modified_gmt":"2013-05-23T11:34:33","slug":"mortgage-applications-tumble-as-rates-rise","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/mortgage-applications-tumble-as-rates-rise\/","title":{"rendered":"Mortgage Applications Tumble as Rates Rise"},"content":{"rendered":"<h1>Mortgage Applications Tumble as Rates Rise.<\/h1>\n<div id=\"attachment_4872\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2013\/05\/ID-100127529.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-4872\" class=\"size-medium wp-image-4872\" alt=\"Mortgage Applications Tumble as Rates Rise.  Image courtesy of  jscreationzs \/ FreeDigitalPhotos.net\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2013\/05\/ID-100127529-300x225.jpg\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2013\/05\/ID-100127529-300x225.jpg 300w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2013\/05\/ID-100127529.jpg 400w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-4872\" class=\"wp-caption-text\">Mortgage Applications Tumble as Rates Rise. Image courtesy of jscreationzs \/ FreeDigitalPhotos.net<\/p><\/div>\n<p>Mortgage applications last week dropped 10 percent after rates soared to their highest level since March, the Mortgage Bankers Association reported in its weekly mortgage market survey for the week ending May 17.<\/p>\n<p>The refinance index\u2014which reflects applications for refinancing\u2014fell 12 percent last week, while applications for home purchases dropped 3 percent. Still, applications for home purchases\u2014viewed as a leading indicator of future home sales\u2014were still 10 percent above levels for the same week a year earlier, MBA reports.<\/p>\n<p>A rise in mortgage rates last week led to the largest single-week drop in refinance applications this year, says Mike Fratantoni, MBA\u2019s vice president of research and economics. The refinance index has dropped nearly 19 percent over the past two weeks. It is at its lowest level since late March.<\/p>\n<p>MBA reports that the average 30-year fixed-rate mortgages rose to 3.78 percent last week, from 3.67 percent the prior week. Also, the average 15-year fixed-rate mortgage rose to 2.96 percent from 2.88 percent a week earlier, MBA reports.<\/p>\n<p><em>Source: \u201c<a href=\"http:\/\/online.wsj.com\/article\/BT-CO-20130522-704531.html?mod=googlenews_wsj\" target=\"_blank\">U.S. Mortgage Applications Down 10% Last Week &#8211; MBA<\/a>,\u201d The Wall Street Journal (May 22, 2013)<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage Applications Tumble as Rates Rise. Mortgage applications last week dropped 10 percent after rates soared to their highest level since March, the Mortgage Bankers Association reported in its weekly mortgage market survey for the week ending May 17. The refinance index\u2014which reflects applications for refinancing\u2014fell 12 percent last week, while applications for home purchases &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/mortgage-applications-tumble-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-4871","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>Mortgage Applications Tumble as Rates Rise - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/mortgage-applications-tumble-as-rates-rise\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-applications-tumble-as-rates-rise\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-applications-tumble-as-rates-rise\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Mortgage Applications Tumble as Rates Rise\",\"datePublished\":\"2013-05-23T11:34:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-applications-tumble-as-rates-rise\\\/\"},\"wordCount\":209,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-applications-tumble-as-rates-rise\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/05\\\/ID-100127529-300x225.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-applications-tumble-as-rates-rise\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-applications-tumble-as-rates-rise\\\/\",\"name\":\"Mortgage Applications Tumble as Rates Rise - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-applications-tumble-as-rates-rise\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-applications-tumble-as-rates-rise\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/05\\\/ID-100127529-300x225.jpg\",\"datePublished\":\"2013-05-23T11:34:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-applications-tumble-as-rates-rise\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-applications-tumble-as-rates-rise\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-applications-tumble-as-rates-rise\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/05\\\/ID-100127529.jpg\",\"contentUrl\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/05\\\/ID-100127529.jpg\",\"width\":400,\"height\":300,\"caption\":\"Mortgage Applications Tumble as Rates Rise. 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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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