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The price of money has gone up. Or more technically, long-term interest rates have jumped in recent weeks, rattling the already slumping housing market. When potential home buyers call for mortgage rate quotes these days, "they're shocked; they almost don't believe you," said Jim Foley, senior vi...
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Investor's Business Daily - Even before Tuesday's 0.75% slash in the federal funds rate by the Federal Reserve, mortgage rates had been sliding. Last week's cut pulled down home loan rates more.
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Refinance rates are still low. Receive up to 4 free competitive quotes with no obligation. Save up to $1000s on your mortgage - Bad credit OK!
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Thirty-year fixed-rate mortgages averaged 5.76 percent for the week ending November 11th, up from 5.70 percent last week. Mortgage rates are still low by historical standards, however, even with the increase.
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Giving up on your mortgage might seem easy, but how smart is it?
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Q. I have a checking account that earns 5 percent and is used solely for mortgage payments. How much must I have in the account so that I'd need to make no further deposits to pay off a mortgage with a $58,497 balance and $905.14 monthly payment?
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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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Interest rates on U.S. 30-year and  15-year mortgages edged higher this week amid signs the economy  is improving, stoking inflation concerns, mortgage finance  company Freddie Mac said on Thursday.
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Refinance while rates are low. Save up to $1000s on your mortgage payment. Free quotes - bad credit OK!
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Mortgage products aren't the problem. Borrowers are.
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The American Dream of home ownership may not be quite as dreamy as it once was. Sky-high prices, risky mortgages, and job instability have made home buying a bigger investment than it used to be. For some folks, it's an investment not worth making.
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Thank you, UDOT, for the recent decision regarding the Mountain View Corridor in Lehi. I agree. The 2100 North option is the best. It definitely makes the most sense when it comes to cost, homes and business affected and the environment.
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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.