Mortgage applications

Loan applications to purchase newly constructed homes during October rose by nearly one-third year-over-year as sales reached their highest annual pace since the Mortgage Bankers Association started tracking this data.

Mortgage rates rose modestly this week as investors have a more positive view of the economy and so they are moving money out of the bond market, according to Freddie Mac.

Mortgage applications increased from one week earlier, although conforming loan interest rates moved back over 4%, according to the Mortgage Bankers Association.

It was activity at the upper end of the housing market that helped to keep mortgage application volume level with the previous week, the Mortgage Bankers Association said.

Mortgage applications increased slightly from one week earlier even as rates reached their highest level since July, according to the Mortgage Bankers Association.

Fewer people are lying when buying or selling a home in South Florida.

Economic uncertainty continued to affect mortgage rates, which rose to their highest level in 12 weeks, according to Freddie Mac.

Interest rate swings during this past week resulted in a decline in both refinance and purchase mortgage applications compared with the previous period, according to the Mortgage Bankers Association.