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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Investor's Business Daily - Average 30-year rates dipped to 6.67% from 6.69% from the week prior, Freddie Mac said, citing slower home sales. Average 15-year rates fell to 6.34% from 6.37%, while one-year ARMs fell to 5.65% from 6.37%. It&#39;s the second week of declines after a month of increases. Rates remain below year-ago levels.
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Investor's Business Daily - The average 30-year fixed mortgage fell 0.05 point 15 6.69% in the week of June 21, Freddie Mac said. It was 6.71% a year ago. The 15-year fixed rate fell to 6.37% from 6.43% last week. Rates fell due to concerns that the housing market will continue to hurt the economy following declines in housing starts and home builder optimism, said Freddie Mac chief economist Frank Nothaft.
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Mortgage refinancing is available ... for those who need it least.
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The homeowners who signed these mortgages must be held accountable somehow ("State to refinance troubled mortgages," July 11). Yes, the mortgage companies may have taken advantage, but if the homeowners had hired an attorney or did their homework, there wouldn't be a problem. This is like rewarding stupidity.
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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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Citing a Massachusetts law that just went into effect, Morgan Stanley and Citigroup Global Markets Realty Corp. could stop purchasing a category of mortgages refinanced by Massachusetts homeowners, a move that could make it harder to refinance a home loan.
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The US Federal Reserve cuts interest rates from 4.75% to 4.5% to help kickstart housing and credit markets.
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$150,000 mortgage for only $610/month. Lower your mortgage. Free quotes. Apply now - bad credit OK.
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Stop financing your lender's lifestyle, and keep more money for yourself.
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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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This year may be the first since 1991 with a 4 percent inflation rate. After years of running just under 3 percent, a 4 percent rate will be a shock, particularly since it won't apply to home prices.
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Mortgage rates continued their downward slide reaching their lowest point since the first of the year on slower growth in the market, according to a survey released Wednesday.
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Rates on 30-year and 15-year mortgages fell this week to the lowest levels seen in six months, good news for people wanting to buy a home or refinance.
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Don't believe talk that the worst of the real estate downturn is over. Too many funky loans are out there.
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Search and compare hundreds of mortgage rates and loan programs. No cost. Shop lenders in your area with no forms to complete.
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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.