DailyMarkets.com - US Mortgage Applications Decrease By 12% As Rates Increase |
| US Mortgage Applications Decrease By 12% As Rates Increase Posted: 26 Oct 2012 07:02 AM PDT This week, according to Freddie Mac, the amount of mortgage applications in the US decreased 12% compared to last week. This decrease also reduced the proportion of refinance mortgages to 81% compared to 82% of the total mortgage applications last week. Despite this decrease in US mortgage applications, the proportion of people applying for adjustable-rate mortgages increased this week to 4% of the total applications. This decrease might have something to do with the slight increase we’ve … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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| Commodities: Crude Oil, Metals May Rebound On US GDP Data Posted: 26 Oct 2012 04:52 AM PDT Commodities are under pressure amid risk aversion across financial markets but a pickup in third-quarter US GDP may offer prices a lifeline. Commodities Sold as Dismal Apple Inc Earnings Sink Risk Appetite Commodities are under pressure ahead of the opening bell on Wall Street as traders react to a disappointing earnings report from Apple Inc released overnight. The world's largest company by market value reported … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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