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ForTheBestRate.com announces that fixed rate mortgage pricing rose a small amount after dropping near the historical low point.Wilmington, NC (PRWEB) April 24, 2012 Mortgage rates for fixed rate programs were up on average this week, rising just a bit following a larger drop one week earlier, but five year adjustable rate mortgage pricing dropped to a new all time low, reports mortgage rate ...
Adjustable mortgage rates at record lows; 30-year average rate rises to 4%

Adjustable mortgage rates at record lows

Posted by mortgage 181 days ago (Editorial)
WASHINGTON (MarketWatch) - Adjustable mortgage rates hit records lows in the latest week, as fixed mortgage rates declined and remained close to record lows, Freddie Mac said Wednesday. The average rate on the 5-year Treasury-indexed hybrid adjustable-rate mortgage fell to a record low of 2.91% in the week ended Nov. 23 - the data go back to 2005 - from 2.97% in the prior week. A year ago the ...
Mortgage rates moved higher last week after spending a month within a hair or two of 4.5 percent, according to the latest survey from home loan financing giant Freddie Mac.
WASHINGTON -- Call it son of subprime. Experts warn that a new wave of mortgage foreclosures may be coming soon and could rival the default rates for subprime mortgages and slow efforts to find bottom in a prolonged national housing slump.

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