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Fickle Mortgage Market Demands Quick Decisions
Just about anyone who cares knows that interest rates on a 30-year, fixed-rate mortgage have dropped recently.
30-year mortgage rate at seven-month low
Rates on 30-year mortgages dropped to 5.78 percent this week, down from 5.93 percent last week, Freddie Mac reported in its nationwide survey. It was the fifth consecutive weekly decline and pushed the 30-year mortgage to the lowest level since it stood at 5.72 percent the week of Feb. 14.
Refinancing wave rides mortgage-rate dive
Jennifer Panganiban watched the charts all year, from the January lows through the highs of July. A week ago, she and her husband pounced, locking in a 30-year mortgage at 5.875 percent.
Unexpected mortgage write-off saves home
A viewer in Lakeland was in danger of losing his home because of an adjustable rate mortgage. But he managed to avoid foreclosure and he called us to share how he did it.
Hawaii���s largest banks raise mortgage rates
Mortgage rates at Hawaii���s largest banks nudged upward this week after last week���s plunge following the federal government���s takeover of mortgage giants Fannie Mae and Freddie Mac. Bank of Hawaii raised its rate for a 30-year fixed-rate mortgage to 5.625 percent with 1.875 points, up from 5.375 percent and 1.75 points last week, according to data provided by the Honolulu Board of Realtors. ...
Credit crunch: Mortgage rates rise again
Mortgage rates today resumed their upward path with one lender hiking the cost of its deals by up to 1.6%. Other lenders are expected to follow suit and raise the cost of their fixed rate and tracker deals next week after a key inter-bank lending rate hit a five month high today.
Mortgage rates resume upward path
Mortgage rates have resumed their upward path with one lender hiking the cost of its deals by up to 1.6%. Other lenders are expected to follow suit and raise the cost of their fixed rate and tracker deals next week after a key inter-bank lending rate hit a five month high on Friday.
Mortgages: Fifth straight weekly decline has 30-year mortgage near year low
Mortgage rates fell again this week, sending the rate on the 30-year fixed-rate mortgage down for a fifth straight week to its lowest level since February, Freddie Mac reported on Thursday.
Mortgage rates fall for 5th straight week
WASHINGTON, Sept. 18 UPI -- Interest rates for 30-year, fixed-rate U.S. mortgages fell for the fifth straight week, the Federal Home Loan Mortgage Corp. said Thursday.
Down-payment demands rise as mortgage rates drop
The government takeover of Fannie Mae and Freddie Mac has sent mortgage rates tumbling, but many lenders last week also raised the minimum down payment they'll allow on a loan.
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