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
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Mortgage rates at record lows as 30-yr at 3.79%
Posted by mortgage 5 days ago (Editorial)
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%
Posted by mortgage 5 days ago (Editorial)
Mortgage rates at record low as 30-year rate falls to 3.79%
Mortgage refinancing applications jump; rates fall: MBA
Posted by mortgage 5 days ago (Editorial)
NEW YORK (Reuters) - Applications for U.S. home mortgages surged last week, driven by increased demand for refinancing as interest rates hit fresh lows, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, jumped 9.2 percent in the week ended May 11. The
Three major banks cut mortgage rates
Posted by mortgage 5 days ago (Editorial)
Westpac has moved to cut some of its advertised fixed-term mortgage interest rates, on the heels of cuts by Kiwibank earlier in the day, matching the state owned bank's new market low offers over two and three years. And late in the...
Bankrate: Mortgage Rates Set 4th New Record in a Row
Posted by mortgage 5 days ago (Editorial)
NEW YORK, May 16, 2012 /PRNewswire/ --
Mortgage Rates in U.S. Fall to Record Lows With 30-Year at 3.79%
Posted by mortgage 5 days ago (Editorial)
Mortgage rates in the U.S. fell to a record for a third straight week, reducing borrowing costs as the housing market improves and home-loan defaults decline.
GM interested in buying foreign operations of lender Ally Financial
Posted by mortgage 7 days ago (Editorial)
Ally Financial Inc.'s troubled mortgage unit Residential Capital LLC filed for Chapter 11 bankruptcy early today as the Detroit-based auto lender said it may sell its international businesses.
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