Mortgage Rates, Mortgage | featured news

Rate on 30-year mortgage drops to record 3.89 pct.

Mortgage Rates

Fixed mortgage rates fell once again to a record low, offering a great opportunity for those who can afford to buy or refinance homes. But few are able to take advantage of the historic rates.

 

30-year mortgage below 4 pct. for first time ever

30-year mortgage below 4 pct. for first time ever

The average rate on the 30-year fixed mortgage this week fell below 4 percent for the first time ever, to 3.94 percent....

Senh: Now's the time to buy a new home. Oops, no one can qualify for a new loan because they've already foreclosed on a house.

 

Rate on 30-year mortgage falls to lowest on record

Rate on 30-year mortgage falls to lowest on record

The average rate on a 30-year fixed mortgage has fallen to its lowest level on records dating to 1971.

Senh: It's too bad no one nowadays can qualify for a loan or refinance.

 

Mortgage Rates Reach Record Lows

U.S. mortgage rates dropped to new lows after the latest round of gloomy economic data hurt Treasury yields, according to Freddie Mac's weekly survey of mortgage rates.

 

Mortgage rates jump amid bond sell-off

Mortgage rates jumped dramatically this week amid a sell-off of all kinds of bonds, according to data released Thursday.

 

Mortgage rates fall to fresh lows this week

Rates on fixed mortgages dropped to their lowest levels in decades this week after the Federal Reserve unveiled a massive bond-buying program to help spur economic growth.

 

Mortgage Rate on 30-Year Loan Falls to Record 4.19%

Mortgage Rate on 30-Year Loan Falls to Record 4.19%

A six-month decline in mortgage rates has spurred a surge in refinancing while doing little to increase property demand as US unemployment hovers near 10 percent.

 

Pregnant? No mortgage for you, lenders say

Pregnant? No mortgage for you, lenders say

As if expecting parents didn’t have enough things to worry about, here comes another thing to fret over: their dimming prospects of buying a home for their growing families.

A New York Times article published Tuesday reported that a pregnancy has become a potential deal-breaker when it comes to securing a home mortgage, even though mortgage rates are the lowest they’ve been in 50 years and home prices are falling.

Senh: With banks being so strict nowadays, even if you weren't pregnant, you'll have a tough time buying a house.

 

When refinancing isn't an option

Depressed home values, poor credit and high debt shut millions out of the lowest mortgage rates.

 

Mortgage markets face future without federal aid

Mortgage markets face future without federal aid

After more than a year of keeping rates low, the government is winding down federal supports, whether the housing market is ready or not.

 

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