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Mortgage demand rises for second week
Lower rates boost refinancing activity, but home purchases still languish
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Related: Real estate
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Headlines
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Pending home sales rise 5.2% in July
The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak.
- Mortgage rates just keep on dropping
- Homeowners feel stress of life 'underwater'
- Banks to allow local groups to buy foreclosures
- Ever so humble, but housing is more expensive
- Mortgage applications rise 2.7% on low rates
- Burst of buying drove up June home prices
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Pending home sales rise 5.2% in July
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