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Mortgage rates still falling, hit record lows

Posted by mortgage 1 day 16 hours ago (Editorial)
Mortgage rates have continued to fall over the past week, setting record lows for both 30-year and 15-year contracts, mortgage giant Freddie Mac said Thursday. The 30-year benchmark now stands at 3.79 percent, down from 3.83 percent a week ago, with an average "point" fee of 0.

Long-term mortgage rates hit new lows

Posted by mortgage 1 day 16 hours ago (Editorial)
WASHINGTON, May 17 (UPI) -- Average mortgage rates for long-term, fixed-rate loans fell to record lows for the third consecutive week, the Federal Home Loan Mortgage Corp. said.

Use tax refund to cut my mortgage payment?

Posted by mortgage 5 days ago (Editorial)
Dear Debt Adviser,I am a first-time homeowner and just received a $5,000 tax refund. Is there a way to use it to lower my mortgage payment (not the length of time I pay)?-- Marci Dear Marci,As a first-time ...

Fixed Mortgage Rates Hit Record Lows Again

Posted by mortgage 5 days ago (Editorial)
MCLEAN, Va., May 17, 2012 /PRNewswire/ --

National mortgage rates for May 17, 2012

Posted by mortgage 5 days ago (Editorial)
Interest Rate Roundup Mortgages CDs Auto Loans Home Equity Credit Cards Find the best mortgage rates in your area. Mortgages 3.97% (30-year fixed) 0.44 (average points)Mortgage rates reached record lows, ...
WASHINGTON (MarketWatch) - Mortgage rates hit record lows in the week ending May 17, with the 30-year fixed-rate mortgage average falling to 3.79% from 3.83% in the prior week, Freddie Mac said Thursday in its weekly report. These data go back to 1971. The rate was 4.61% a year earlier. To obtain the latest 30-year rate, payment of an average 0.7 point was required, according to Freddie, a buyer

Rates keep dropping and refis are hopping

Posted by mortgage 5 days ago (Editorial)
Mortgage rates dipped again, for the sixth week in a row, pushing the rate on the most common type of mortgage below 4 percent for the first time in the history of Bankrate's survey.
Mortgage rates at record low as 30-year rate falls to 3.79%
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Mortgage How to Get is an informational resource about mortgage news and information.