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Demand for new home loans and refinancings jump as interest rates slide amid weak economic reports. NEW YORK  - New applications for US home loans rose last week while refinancings surged, as 30-year mortgage interest rates fell to their lowest ...
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But Freddie Mac predicts only a slight increase in rates over the year; 30-year fixed-rate at 5.83%. NEW YORK (CNN/Money) - Mortgage rates rose in the latest week, according to a report released Thursday that
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Rates on 30-year and 15-year mortgages dipped this week. Rates on 30-year, fixed-rate mortgages averaged 5.74 percent, mortgage giant Freddie Mac said in its weekly survey released Thursday.
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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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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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Investor's Business Daily - The Mortgage Bankers Association&#39;s mortgage application index fell 3.4% to 643.7 in the week ended June 15, but was still up 13.2% compared with the same week last year. The purchase index slid 3% to 450.9 while the refinancing index fell 4.2% to 1,776.8.
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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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Five steps to figuring out if refinancing your mortgage is really necessary right now.
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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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As mortgage defaults rise, more houses are being put up for auction  -  and more people are seeing a chance to make big bucks. But there are risks
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Mortgage rates rose about one-tenth of a point this week, Freddie Mac said Thursday. The 30-year fixed-rate mortgage (FRM) averaged 5.82 percent this week, with an average 0.6 points, up from last week when it averaged 5.72 percent.
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NEW YORK -- Mortgage rates have jumped this week, propelled higher by news of strengthening in the economy. Rates on 30-year fixed-rate mortgages are averaging 5.82 percent in the new survey from mortgage company Freddie Mac.