SUBSCRIBERS
US mortgage applications stabilise as loan rates slip
Published Thu, Jan 5, 2017 · 09:50 PM
New York
APPLICATIONS for US mortgages stabilised at the end of 2016 following a recent drop as borrowing costs on home loans eased from more than two-year highs, Mortgage Bankers Association data released on Wednesday showed.
The Washington-based industry group said that its measure on requests for mortgages edged up to 358.5 in the week ended Dec 30, 0.1 per cent higher than the prior week.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
China Vanke posts another quarterly loss on sales drought
Miami office tower goes up for sale for more than US$500 million
WeWork cuts new restructuring deal that spurns Adam Neumann
Abu Dhabi builder plans US$6.8 billion luxury housing project
JTC to sell hospitality project being built in Punggol Digital District
Mapletree Logistics Trust posts 2.5% drop in Q4 DPU; manager warns of further headwinds