Rates for 30-year, 15-year mortgages rise

Rates on 30-year and 15-year mortgages rose this week, according to Freddie Mac's nationwide survey. Rates on 30-year fixed-rate mortgages edged up to 5.88 percent from 5.85 percent. Rates on 15-year fixed-rate mortgages rose to ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment , , April 4th, 2008

Mortgage Rates on 30-year mortgages drop below 6 percent for first time in five weeks

WASHINGTON: Rates on 30-year mortgages dropped below 6 percent this week for the first time in more than a month, reflecting aggressive efforts by the Federal Reserve to cut interest rates to protect the economy ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment , , March 21st, 2008

Mortgage rates fall, 1st time since February

Fed actions spur drop in 30-year fixed-rate mortgages, but ARM rates still climb. NEW YORK (CNNMoney.com) -- Borrowers looking for fixed-rate mortgages can now find the lowest rates in more than a month. But experts warn ... More... (Mortgage News)
Add a Comment , March 20th, 2008

Mortgage Interest Rates on long-term mortgages fall

30-year fixed-rate mortgage was back under 6% this week: Freddie Mac CHICAGO (MarketWatch) -- Long-term mortgage rates dropped sharply this week, while adjustable-rate mortgages barely budged from last week's averages, according to Freddie Mac's weekly survey ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment , March 20th, 2008

Mortgage interest rates decline in week

WASHINGTON, March 20 (UPI) -- Interest rates for both 30-year and 15-year fixed-rate mortgages in the United States declined this week, Freddie Mac reported Thursday. At 5.87 percent, the average 30-year fixed interest rate dropped over ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment , March 20th, 2008

Why lower interest rates may not solve this

Prior to the Fed's Sunday night actions, the consensus looked for a 50 basis point Fed rate cut, but markets now have a 100 basis point cut discounted, in line with calls on Friday in ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment March 17th, 2008

Despite Fed cuts, mortgage interest rates creeping up

South Floridians are inundating lenders and mortgage brokers with requests to lower their house payments, reacting to the Federal Reserve's recent interest-rate cuts. But that doesn't necessarily mean you'll get a cheaper deal on your mortgage. ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment , , March 17th, 2008

Mortgage rates increase for fourth time in 5 weeks

WASHINGTON (AP) — Average 30-year fixed-rate mortgages hit 6.13%, up from 6.03%, the fourth increase in the past five weeks, Freddie Mac reported Thursday. Rates on 30-year mortgages dropped below the 6% threshold in the second ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment , March 14th, 2008

With rates highest since October, mortgage demand drops

NEW YORK (Reuters) — Mortgage applications dipped last week, reflecting lower demand for home loan refinancing as interest rates surged to their highest since October, an industry group said Wednesday. The Mortgage Bankers Association said its ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment , March 12th, 2008

Relief for Borrowers

Time is running out to avoid a wider housing bailout. IT'S MUCH easier to identify well-intentioned housing policy proposals that might make the situation worse than to craft ones that will help. An example is the ... More... (Mortgage News)
Add a Comment , , March 3rd, 2008