Application activity increases on a slight decline in rates

Even a slight difference in rates can drive your monthly payments up or down, and you could pay thousands of dollars more or less in interest over the loan’s term.

Midwest Top Producers see first-time home buyers as key to success New-home sales decline in January to three-month low Drop in housing starts shows industry may weigh on growth Three straight months of declines in new-home construction show homebuilding may weigh on second-quarter growth, commerce department data showed friday. residential starts decreased 5.5% to a 1.09 million annualized rate (the estimate was 1.22 million), the weakest since September.Americans stepped back from buying new homes in March, the third straight monthly decline as sales. some economists see low mortgage rates and improving job market as strong enough to boost sales.

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