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Mortgage rates move a touch higher

Posted by mortgage 33 days ago (Editorial)
WASHINGTON, April 19 (UPI) -- Average U.S. mortgage rates for long-term, fixed-rate contracts rose in the week ending Thursday, the Federal Home Loan Mortgage Corp. said.

Fixed Mortgage Rates Edge Slightly Higher

Posted by mortgage 34 days ago (Editorial)
MCLEAN, Va., April 19, 2012 /PRNewswire/ --
(Reuters) - A surge in mortgage banking income lifted Wells Fargo & Co's first-quarter profit by 13 percent, but its shares fell on concern that the bank is falling behind on its drive to cut expenses. Wells Fargo, the fourth largest U.S. bank and the country's biggest mortgage lender and servicer, said on Friday that net income increased to $4.25 billion, or 75 cents a share, from $3.76
By Diana Olick, CNBC Real Estate Reporter NEW YORK (CNBC) -- A response to a recent RealtyCheck blog on home prices included the following: "Someone needs to explain to Ms. Olick what these 'price declines' really represent because they most assuredly do not measure how much home values have changed. They simply measure the statistical midpoint for all home sales. So in an economy wh

Mortgage rates are climbing higher

Posted by mortgage 42 days ago (Editorial)
Mortgage rates are on the rise despite the low Bank Rate, comparison website MoneySupermarket says.
TORONTO, ONTARIO-- - The spring real estate frenzy has started early this year, perhaps due in part to record low fixed mortgage rates in March. Sadly for borrowers, all good things must come to an end. ...

Are you ready for higher rates?

Posted by mortgage 56 days ago (Editorial)
Mortgage rates on terms of five years and 10 years have never been this low, but there are signs rates could be on the increase. The real risk for the consumer might be not locking in right now

Mortgage rates edge higher

Posted by mortgage 57 days ago (Editorial)
Royal Bank of Canada, TD Bank announce mortgage rate increases, possibly signaling the start of a new trend.

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Mortgage How to Get is an informational resource about mortgage news and information.