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

US 30-year mortgage rates fall in latest week

WASHINGTON, March 6 (Reuters) - Weak economic indicators pushed interest rates on U.S. 30-year mortgages down this week after three consecutive weeks of gains, home funding company Freddie Mac (FRE.N: Quote, Profile, Research) said on ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment , March 6th, 2008

Why are mortgage rates up if the Fed is cutting?

Fed Chairman Ben Bernanke explains credit spreads to Congress A lot of readers have been wondering why mortgage rates are jumping — even as the Federal Reserve is busy cutting interest rates. This week, Fed Chairman ... More... (Mortgage Education, Mortgage Interest Rates, Mortgage News)
Add a Comment , , March 3rd, 2008

Rates on 30-Year Mortgages Rise

WASHINGTON (AP) — Rates on 30-year mortgages rose for a third straight week, hitting the highest level in more than three months. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.24 percent ... More... (Mortgage News)
Add a Comment , , March 1st, 2008