{"id":4,"date":"2015-09-16T00:00:00","date_gmt":"2015-09-16T04:00:00","guid":{"rendered":"http:\/\/www.slones.com\/?p=1"},"modified":"2020-05-16T16:53:42","modified_gmt":"2020-05-16T20:53:42","slug":"mortgage-applications-falls","status":"publish","type":"post","link":"https:\/\/www.slones.com\/mortgage-applications-falls\/","title":{"rendered":"Mortgage applications fall 1%"},"content":{"rendered":"<p>Spring home buying season has kicked into high gear, but it wasn&#8217;t enough to boost mortgage applications, which fell by 1 percent last week from the previous week, the Mortgage Bankers Association reported. That was largely due to a drop in refinancings, which slipped 3 percent.<\/p>\n<p>The refinance share of mortgage applications fell to its lowest level since July, as interest rates inched higher. Rates for 15-year fixed rate mortgages, a popular refinance option, rose slightly to 3.19 percent. The average rate for a 30-year fixed rate mortgage increased by a tenth of 1 percent to 3.94 percent for loans $417,000 or less. Loans for more than $417,000, known as jumbo mortgages, fell slightly to 3.82 percent.<\/p>\n<p><a href=\"http:\/\/www.cnbc.com\/2016\/03\/30\/mortgage-applications-fall-dragged-down-by-fewer-refinances.html\">Read more<\/a>&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spring home buying season has kicked into high gear, but it wasn&#8217;t enough to boost mortgage applications, which fell by 1 percent last week from the previous week, the Mortgage Bankers Association reported. That was largely due to a drop in refinancings, which slipped 3 percent. The refinance share of mortgage applications fell to its lowest level since July, as interest rates inched higher. Rates for 15-year fixed rate mortgages, a popular refinance option, rose slightly to 3.19 percent. The average rate for a 30-year fixed rate mortgage increased by a tenth of 1 percent to 3.94 percent for loans $417,000 or less. Loans for more than $417,000, known as jumbo mortgages, fell slightly to 3.82 percent. Read more&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mortgage applications fall 1% - Slones Real Estate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.slones.com\/mortgage-applications-falls\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mortgage applications fall 1% - Slones Real Estate\" \/>\n<meta property=\"og:description\" content=\"Spring home buying season has kicked into high gear, but it wasn&#8217;t enough to boost mortgage applications, which fell by 1 percent last week from the previous week, the Mortgage Bankers Association reported. That was largely due to a drop in refinancings, which slipped 3 percent. The refinance share of mortgage applications fell to its lowest level since July, as interest rates inched higher. Rates for 15-year fixed rate mortgages, a popular refinance option, rose slightly to 3.19 percent. The average rate for a 30-year fixed rate mortgage increased by a tenth of 1 percent to 3.94 percent for loans $417,000 or less. Loans for more than $417,000, known as jumbo mortgages, fell slightly to 3.82 percent. 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That was largely due to a drop in refinancings, which slipped 3 percent. The refinance share of mortgage applications fell to its lowest level since July, as interest rates inched higher. Rates for 15-year fixed rate mortgages, a popular refinance option, rose slightly to 3.19 percent. The average rate for a 30-year fixed rate mortgage increased by a tenth of 1 percent to 3.94 percent for loans $417,000 or less. Loans for more than $417,000, known as jumbo mortgages, fell slightly to 3.82 percent. 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