Interest rates slowing home sales, mortgage data show

"A rise in interest rates and slowing home sales have caused a decline in Dallas-Fort Worth residential mortgage activity. North Texas home loan activity fell 6 percent in the second quarter compared with the same period last year, according to Attom Data Solutions. The number of D-FW home purchase loans was down 15 percent.

While mortgage debt growth has been slowing, Canadian consumers are still borrowing at record levels to buy cars, finance home repairs and pay for furniture, new data shows. The central bank’s.

Sales of new U.S. single-family homes sank more than expected in July, a sign that the housing market continued in low gear despite lower mortgage rates and a strong labor market. The Commerce Department said on Friday new home sales dropped 12.8% to a seasonally adjusted annual rate of 635,000 units last month. It was the biggest monthly.

(Corrects to show June’s estimate. Aug 21 (Reuters) – U.S. home sales rose more than expected in July, boosted by lower mortgage rates and a strong labor market, signs the Federal Reserve’s shift.

Florida Mortgage | Florida Mortgage Refinance | Florida Home Refinance As interest rates drop, homeowners can save money by refinancing NEW YORK (CNNfn) — Deryl and Donna Reid thought about refinancing their mortgage a year ago, but it wasn’t until the impending birth.

Rising interest rates are cooling mortgage loan activity in Southwest Florida and around the country.New mortgage loan originations dropped by 15 percent in the Sarasota-Manatee region during the.

Mortgage originations decrease with weaker home sales and slow house price growth Based on recent trends in homebuying activity, we downward revised our forecast for mortgage originations. We expect single-family mortgage originations to decline 9.9 percent year-over-year to $1.63 trillion in 2018, falling slightly to $1.62 trillion in 2019 and.

WASHINGTON – U.S. home sales rose 1.3% in August to the highest level in 17 months, as mortgage rates near historic lows have spurred a rush of home-buying. The National Association of Realtors.

Margin for 1-Year Adjustable Rate Mortgage in the United States (DISCONTINUED) Percent, Weekly, Not Seasonally Adjusted 1986-12-05 to 2015-12-31 (2015-12-31) Origination Fees and Discount Points for 1-Year Adjustable Rate Mortgage in the United States (DISCONTINUED)

Their responses, summed up in the 2019 real estate forecast below, could help you make more educated choices when it comes to buying and financing a home in the coming year. The good news is that.

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Mortgage rates rose on a weekly basis for the second week in a row, potentially threatening to put a damper on home sales just as the real-estate market’s outlook was brightening.