ADV: Refinance Rates Just Got Lower
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$150,000 mortgage for only $550/month. Lower your mortgage - free quotes.
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Get a low refinance or home equity rate, including $150,000 mortgage for under $690/mo. Also save on your cell phone bill, long distance calls, credit card payments, auto insurance and more.
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Interest rates on U.S. 30- and 15-year mortgages fell this week to their lowest levels since early April as the housing market showed little sign of slowing despite the Federal Reserve's move to raise interest rates, mortgage finance company Freddie Mac said on Thursday.
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Is the housing slump really that bad? After all, the S&amp;P 500 last week fell more in a single day (3.5 percent) than home prices have fallen in the past year nationally (3.1 percent).
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Long-term U.S. mortgage rates fell this week to their lowest levels since January, according to a report released today, but the chief economist for government-backed mortgage company Freddie Mac said rates may soon be heading back up.
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WASHINGTON -- Rates on 30-year mortgages dropped this week to the lowest point in four months, providing some relief for people hoping to refinance their existing mortgages.
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Rates on 30-year and 15-year mortgages dipped this week, a development that should help keep the housing market humming. Rates on 30-year, fixed-rate mortgages averaged 5.74 percent for the week ending Nov.
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WASHINGTON, Aug. 19 (Xinhuanet) -- The average interest rate of 30-year mortgages in the United States declined to the lowest level in four months this week, US mortgage giant Freddie Mac reported on Thursday.
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How to unload your property during a real estate downturn.
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U.S. housing starts and home sales  should fall short of 2004's record pace, but only slightly as  tame inflation helps sustain low long-term mortgage rates in  2005, Freddie Mac FRE.N economists said on Tuesday.  Frank Nothaft, chief economist at the No. 2 U.S. mortgage  underwriter, said housing starts should decline this year by 1  percent to 2 percent while 30-year mortgage rates are seen  increasing by no more than half a percentage point.
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Hawaii mortgage rates fell an eighth of a point to a prevailing 30-year rate of 5.25 percent this week, but even this may not be the low points, thanks to a downtrend in the interest rates paid on 10-year Treasury notes.
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After a shallow, one-week dip, mortgage rates have risen to just about where they were two weeks ago. Rates are still low. The question is whether they are low enough to keep the housing market hot.
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The refi boom was .... well, so last year. Now it's time to arrange a home equity line of credit that you can use as you'd like.
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Investor's Business Daily - The Mortgage Bankers Association said its mortgage applications index fell 3.8% in the June 22 week to the lowest level in 4 months. Applications are still 16.8% above the year-ago level. Mortgage rates held near recent highs. Refinance applications slid 2.5% to its lowest level of the year. Applications for buying a home fell 4.9%, but only to a 4-week low.
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Interest rates on U.S. 30-year mortgages edged slightly lower in the latest week, continuing to offer an enticing rate to prospective home owners, mortgage finance company Freddie Mac said on Wednesday.
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By Bloomberg News. The number of mortgage applications declined last week as fewer people refinanced, a survey by a private group found.
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Investor's Business Daily - The National Assoc. of Realtors cut its &#39;07 outlook for the fourth consecutive month. Home resales will fall to 6.18 mil from last month&#39;s forecast of 6.29 mil and well below the initial 6.42 mil forecast. The median existing-home sales price will fall 1.3%, more than the previously forecast 1% slide. The median new-home price will fall 2.3% to $240,800, reversing the Jan. forecast for a 2% gain, NAR said.