Tag Archives: Depression

Rising Mortgage Rates Cause ‘Rush to ARMs’

“Mortgage rates increased by the most in a single week since 2011, and refinance application volume dropped to its lowest level in almost two years. However, applications for conventional purchase loans picked up by more than 3 percent over the … Continue reading

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Depression Begone! Home Prices Set Record in April

(Read More: Home Builders Slow New Construction, Raise Prices) Concerns about rising mortgage rates, which spiked in to the mid-4 percent range in just the past week, have dampened expectations for home price gains this summer. Analysts also worry that … Continue reading

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Falling Mortgage Rates Spur Serial Refinancing

Page 1 of 4 | Next PageShow Entire Article Andrew and Peggy Sheren can’t resist a good deal, especially when it comes to financing their McLean, Virginia home. “We’ve gone from an interest rate from something like greater than 6 … Continue reading

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