Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season

Mortgage application volume increased 3.6 percent last week from the previous week, according to the mortgage bankers association’s seasonally adjusted index. Applications to purchase a home increased 2 percent for the week – the first uptick in a month – a sign of optimism in the housing market.

In the midst of the summer homebuying season, mortgage applications dropped 0.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage.

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Applications to purchase a home increased 2 percent for the week – the first uptick in a month – a sign of optimism in the housing market. Mortgage application volume increased 3.6 percent last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.

Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season Applications to purchase a home increased 2 percent for the week – the first uptick in four weeks – a sign of optimism in the housing market.

WASHINGTON (AP) – U.S. long-term mortgage rates fell this week to a 10-month low, spurring on potential homebuyers for the upcoming season. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage eased to 4.41 percent from 4.46 percent last week.

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Spring is the prime season to shop for a home. But if you’re thinking about buying, it’s important to make sure you don’t jump into the market before you’re really ready. Too many people purchase.

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Lending MBA: Rising mortgage applications show signs of promising spring homebuying season Applications for 30-year fixed rate hold steady at 4.66%