{"id":9494,"date":"2016-05-05T12:20:08","date_gmt":"2016-05-05T12:20:08","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=9494"},"modified":"2016-05-05T12:20:18","modified_gmt":"2016-05-05T12:20:18","slug":"loan-demand-recedes","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/loan-demand-recedes\/","title":{"rendered":"Loan Demand Recedes Again"},"content":{"rendered":"<h2>Loan Demand Recedes Again<\/h2>\n<p>&nbsp;<\/p>\n<div id=\"attachment_9495\" style=\"width: 295px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/2016\/05\/05\/loan-demand-recedes\/image2\/\" rel=\"attachment wp-att-9495\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-9495\" class=\"size-medium wp-image-9495\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2016\/05\/image2-295x300.jpg\" alt=\"Loan Demand Recedes Again\" width=\"295\" height=\"300\" srcset=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2016\/05\/image2-295x300.jpg 295w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2016\/05\/image2-768x782.jpg 768w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2016\/05\/image2-1006x1024.jpg 1006w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2016\/05\/image2.jpg 1050w\" sizes=\"auto, (max-width: 295px) 100vw, 295px\" \/><\/a><p id=\"caption-attachment-9495\" class=\"wp-caption-text\">Loan Demand Recedes Again<\/p><\/div>\n<p>&nbsp;<\/p>\n<p>Total mortgage application volume \u2013 which encompasses applications for refinancings and home purchases \u2013 nudged down 3.4 percent week-to-week on a seasonally adjusted basis, the Mortgage Bankers Association reported Wednesday. The decrease came as interest rates edged slightly higher last week.<\/p>\n<p>Nevertheless, total mortgage application volume still remains 14 percent higher than a year ago when mortgage rates were at about the same average.\u00a0MBA reported that refinance demand has seen the biggest downfall in recent weeks, dropping 6 percent last week. Still, that demand is\u00a015 percent higher than a year ago.<\/p>\n<p>\u201cRefinance activity decreased for the second-straight week because fewer borrowers have an incentive to refi at the current level of rates,\u201d says Michael Fratantoni, MBA\u2019s chief economist. \u201cBut there are still some who respond to the small changes we have seen in recent weeks.\u201d<\/p>\n<p>Mortgage applications for home purchases remained mostly flat last week. However, applications are about 13 percent higher than a year ago.\u00a0The average on the 30-year rate mortgage rose to 3.87 percent from 3.85 percent, MBA reported.<\/p>\n<p><em>Source: \u201cMortgage Applications Down 3.4% on Another Slight Rate Gain,\u201d CNBC (May 4, 2016)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Loan Demand Recedes Again &nbsp; &nbsp; Total mortgage application volume \u2013 which encompasses applications for refinancings and home purchases \u2013 nudged down 3.4 percent week-to-week on a seasonally adjusted basis, the Mortgage Bankers Association reported Wednesday. The decrease came as interest rates edged slightly higher last week. Nevertheless, total mortgage application volume still remains 14 &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/loan-demand-recedes\/\">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-9494","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>Loan Demand Recedes Again - 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\/loan-demand-recedes\/\" \/>\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\\\/loan-demand-recedes\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/loan-demand-recedes\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Loan Demand Recedes Again\",\"datePublished\":\"2016-05-05T12:20:08+00:00\",\"dateModified\":\"2016-05-05T12:20:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/loan-demand-recedes\\\/\"},\"wordCount\":198,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/loan-demand-recedes\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2016\\\/05\\\/image2-295x300.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/loan-demand-recedes\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/loan-demand-recedes\\\/\",\"name\":\"Loan Demand Recedes Again - 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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. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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