New purchase mortgage applications dropped 0.3% last week according to the Mortgage Bankers Association Weekly Mortgage Applications Survey. Rates rose substantially late in the week, almost a half percent for Fixed Rate Mortgage (FRM) rates,...

Thursday's weekly mortgage report from Freddie Mac showed an increase of more than half a percent in the 30-year Fixed Rate Mortgage (FRM) rate average, confirming the the results of Wednesday's report from the Mortgage Bankers Association. The...

The Mortgage Bankers Association is predicting existing home sales to rebound by about 3% next year, while new home sales are expected to drop another 12%. The Association's forecast is based on projections of negative economic growth for the next 6...

Wednesday brought more mixed news in the housing market as the Mortgage Bankers Association reported that mortgage applications fell last week despite a drop in rates and the National Association of Home Builders predicted housing demand would pick...

Freddie Mac reported lower Fixed Rate Mortgage (FRM) rates this week and a slight increase in Adjustable Rate Mortgage (ARM) rates, while RealtyTrac reported that home foreclosures fell 12% in September. Freddie Mac's weekly Primary Mortgage Market...