Mortgage Rates, Mortgage | featured news

Mortgage Rates Edge Lower; 30-Year at 3.39%

Average mortgage rates in the U.S. were slightly lower over the past week and remained around historic lows, according to mortgage-finance company Freddie Mac.

 

J.P. Morgan, Wells Fargo: Housing on Mend

Housing Market

Two of the nation's largest banks released third-quarter results that suggest the U.S. housing market, a key factor in the nation's economic performance, is bouncing back as mortgage rates hit record lows and home refinancings surge.

 

Mortgage applications rose as rates hit new lows: MBA

Applications for U.S. home mortgages rose last week as interest rates dropped to record lows in the wake of the Federal Reserve's latest stimulus efforts, data from an industry group showed on Wednesday.

 

Two-thirds of Americans with mortgages pay 5% interest or higher

Mortgage Rate

Record-low interest rates are out of reach for many homeowners, and a big reason is that millions are underwater. Obama and others are trying to assist them. U.S. interest rates are at rock-bottom levels, but that's not helping most Americans with mortgages.

 

Mortgage rates hit new lows

Mortgage Rates

Mortgage rates continued their decline this week, with the 30-year fixed-rate average having met or matched a record low in 10 of the past 11 weeks, according to the latest data released Thursday by Freddie Mac. The 30-year fixed-rate average fell to 3.62 percent, down from 3.66 percent last week and 4.60 percent a year ago.

 

US 30-year mortgage drops to record-low 3.67 pct

Average U.S. rates on 30-year and 15-year fixed mortgages this week fell to fresh record lows for the sixth straight week. Cheap mortgages continue to help boost prospects for home sales this year.

 

30-year mortgage rate hits fourth straight record low

Mortgage rates held fairly steady this week, with the 30-year fixed rate average creeping slightly lower to yet another all-time record, according to the latest data released Thursday by Freddie Mac. The 30-year slid down from 3.79 percent last week to 3.78 percent, marking its fourth record low in as many weeks. This time last year, the average was much higher at 4.60 percent.

 

US rate on 30-year mortgage hits record 3.83 pct.

Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week, making home-buying and refinancing more affordable than ever for those who can qualify.

 

Mortgage rates drop, Freddie Mac says; 15-year fixed at record low

Mortgage rates are sharply lower on news of a weakening job market, with the 30-year fixed loan averaging 3.88% this week and the 15-year fixed at a record low of 3.11%, according to Freddie Mac.

 

Mortgage rates hold steady at all-time lows

Mortgage rates remained unchanged for the second consecutive week, holding steady this week at an all-time low of 3.87 percent for the average 30-year fixed rate, according to the latest Freddie Mac Mortgage Market survey released Thursday.

 

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