Low Mortgage | OTC Capital Partners
Wednesday, February 8, 2012

New home sales hit 6-month low, prices drop

Posted by Reuters: Business News on September 26, 2011

WASHINGTON (Reuters) – Sales and prices of new single-family U.S. homes fell in August despite historically low mortgage rates, underscoring the difficulties policymakers face in efforts to boost the moribund housing sector.



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Record low mortgage rates do little for demand

Posted by Reuters: Business News on August 11, 2010

NEW YORK (Reuters) – Home loan demand climbed last week but record low mortgage rates failed to light a fire in a market constrained by unemployment and tight lending practices.



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PersonalFinance: The lure of low mortgage rates

Posted by Reuters: Business News on July 16, 2010

WASHINGTON (Reuters) – Three straight weeks of record low mortgage interest rates has spurred another refi boom. That’s understandable: The idea of locking in 4.5 percent for 30 years is really tempting.



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PersonalFinance: The lure of low mortgage rates

Posted by Reuters: Business News on July 14, 2010

WASHINGTON (Reuters) – Three straight weeks of record low mortgage interest rates has spurred another refi boom. That’s understandable: The idea of locking in 4.5 percent for 30 years is really tempting.



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U.S. mortgage applications driven up by refinancings

Posted by Reuters: Business News on December 9, 2009

NEW YORK (Reuters) – Demand for U.S. home loans rose last week to the highest level in about two months, mostly from borrowers taking advantage of low mortgage rates to refinance, the Mortgage Bankers Association said on Wednesday.


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