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U.S. mortgage rates climb out of trough

Posted by mortgage 88 days ago (Editorial)
WASHINGTON, Feb. 23 (UPI) -- Average fixed mortgage interest rates for long-term contracts have climbed up from near-record lows, the Federal Home Loan Mortgage Corp. said Thursday.

US mortgage rates climb slightly

Posted by mortgage 89 days ago (Editorial)
Average 30-year fixed-rate mortgage rates in the US climbed after standing pat for three consecutive weeks, but stayed below four percent for the 12th straight week, according to the Washington Post.
NEW YORK, Feb. 23, 2012 /PRNewswire/ -- The average rate on the benchmark 30-year fixed mortgage rate climbed to a one-month high of 4.16 percent, according to Bankrate.com's weekly national survey. The ...
But the low rates have had few takers because most who can afford to buy or refinance have already done so.
Bullish bets on Housing Development Finance Corp?s futures are at a record high on optimism India?s largest mortgage lender will withstand a slowdown in Asia?s third-biggest economy better than other financial companies.
The Mortgage Bankers Association's index of refinancing applications gained 3.3% while its index of home-loan purchase requests rose 8.1% in the first week of the year.
U.S. mortgage rates for 30-year fixed loans increased from the lowest on record as home sales rose amid improved consumer confidence and employment data.

30-year mortgage rates climb from record low

Posted by mortgage 145 days ago (Editorial)
U.S. mortgage rates for 30-year fixed loans increased from the lowest on record as home sales rose amid improved consumer confidence and employment data. The average rate for a 30-year fixed loan rose to 3.95 percent in...

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