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TOKYO, June 5 (Reuters) – Activity in Japan’s services sector expanded at a slightly slower pace in May than the previous.
A contact in Oregon reported a modest increase in building and selling activity due in part to lower mortgage rates, though a few other contacts observed a slight decline in building activity in some areas due to softer demand.
The recent decline in mortgage rates is supporting demand from opportunistic home buyers. House prices in the San Francisco and Los Angeles metropolitan areas saw a slight increase in April.
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The market composite index – a measure of total loan application volume – increased 4.7 percent. The refinance index jumped 9 percent, while the purchase index rose 2 percent. The refinance share of.
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People on the move: April 14 Manhattan homebuyers demand bargains, walk away – anything but overpay Why False Claims Act enforcement is still vexing under Trump Manhattan homebuyers are getting bolder these days, demanding bargains or walking away from deals in a market where inventory is swelling. In the three months through June, purchases fell 17 percent from a year earlier to 2,629, according to a report Tuesday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. That was the.On the Move: 18 April 2019. Cumberland Trust, Genesco, Littler, LAS, TriStar Centennial Medical Center announce update. authors Staff Reports.. People May 14 Share.
The market experienced an increase in the Refinance share of mortgage activity from 38.7 percent of total applications during the previous week to 38.9 percent. There was a decrease to 6.1 percent of total applications in the adjustable rate mortgage (ARM) share of activity.
This is the lowest 30-year fixed contract rate since December 3, 2010. Click on graph for larger image in graph gallery. This graph shows the MBA Purchase Index and four week moving average since 1990. Refinance activity increased as mortgage rates fell to the lowest level since December 2010.
The slight falloff in application volume accompanied a similarly small increase in mortgage rates. The average interest rate for a 30-year fixed-rate mortgage last week was 4.48 percent, up from 4.
There were 333,000 homes for sale at the end of May, a slight increase from the 332,000 available the previous month, but slowing sales pushed the months’ supply number from 5.9 months to 6.4 months.
Mortgage rates increased for the 1 st time in 7-weeks in the week ending 20 th June. 30-year fixed rates rose by 2 basis points to 3.84% following no change from the previous week.
Rising to its highest level since May 2017, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($424,100 or less) increased to 4.20%, from 4.13%.
Freddie Mac Weekly Summary: Slight Increases in Mortgage Rates.. The 15-year FRM increased from 4.63 percent to 4.68 percent this week.. Mortgage application activity during the week ended.
Many displaced Puerto Ricans could be moved to U.S. mainland People on the move: July 27 People on the Move: July 7. Recent new hires and promotions at area businesses. post to Facebook Cancel Send. Sent! A link has been sent to your friend’s email address. Posted! A link has been.People on the move: Dec. 1 Maia Farish, of Bristol, has been elected to the board of trustees at the Newport Restoration Foundation. Farish volunteers as a community relations ambassador for Roger Williams University. Previous.Many residents with the wherewithal to leave have already departed Puerto Rico, which had a population of about 3.4 million in 2016. florida gov. rick scott said in a statement on Oct. 25 that since Oct. 3, more than 73,000 Puerto Ricans had arrived in the state through airports in Miami and Orlando and through the port everglades seaport.