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New Home Mortgage Applications in U.S. Jump 7 Percent in March – Based on the mortgage bankers association’s newly released Builder Application Survey for March 2019, U.S. mortgage applications for new home purchases increased. U.S. mortgage rates rose modestly.
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5 Factors to Consider When Buying a Second Home – SmartAsset.com – Of course, you’d be taking on new debt partially in the form of a new mortgage. Second mortgage interest rates on average tend to be about a quarter of a point to a half a point higher than the interest rates on first mortgages. You’ll have to prove to the bank that you can cover both your first and second mortgages with money to spare.
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U.S. purchase mortgage activity hits nine-year high: MBA – NEW YORK (Reuters) – Applications to U.S. lenders seeking loans to buy a home climbed to their highest level in almost nine years last week even as mortgage rates increased for a second week.