30-, 15-Yr Mortgages Lowest Since April
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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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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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The nationâs number 2 buyer and backer of home mortgages saw a 45 percent drop in second-quarter profits after setting aside $300 million to account for bad loans.
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Mortgage rates reversed a two-week climb this week, according to Freddie Mac&#39;s weekly mortgage survey. Freddie Mac reported that the 30-year fixed-rate mortgage averaged 5.74 percent for the week ended today
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New mortgage lending in the UK falls for the third month in a row in April to the lowest in a year, the Bank of England says.
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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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U.S. mortgage applications last week  sank to their lowest level in over four years, as home purchase  loan demand tumbled for the third straight week, an industry  trade group said on Wednesday.
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U.S. mortgage applications fell for  the first time in four weeks even as interest rates dropped to  a six-month low, an industry trade group said on Wednesday,  providing further evidence the country's housing market slump  is deepening.
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Mortgage rates just got lower. Get 4 quotes in two minutes. Any credit welcome, no turn downs. Take advantage of these low rates. Refinance today and save!
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MCLEAN, Va. - Mortgage rates have risen this week, but they remain at the low levels seen for most of this year. Mortgage company Freddie Mac says 30-year fixed-rate mortgages have gone from an average 5.75 percent last week up to 5.81.
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New applications for U.S. home loans fell last week as 30-year mortgage rates reached their highest levels in a month, an industry group said on Wednesday.
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New applications for US home loans fell last week from a four-month high even as 30-year mortgage rates declined to their lowest level since late March, an industry group said on Wednesday.
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NEW YORK - New applications for US home loans dropped more than 9 percent last week even as average 30-year mortgage rates also eased from the previous week, an industry group said on Wednesday.
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Despite five consecutive interest rate hikes by the Federal Reserve, the average 30-year fixed-rate mortgage is an unbelievably low 5.69 percent.
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Rates on 30-year and 15-year mortgages dipped this week, good news for prospective home buyers. Freddie Mac&#39;s weekly survey released Thursday showed that rates on 30-year, fixed-rate mortgages declined to
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Mortgage rates across the country moved up this week, but rates on 30-year mortgages for all of 2004 registered their second-lowest year on record.
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Business & money: The number of new mortgage approvals fell to its lowest level in over two years in September.