Mortgage rates continue to drop well below 4 percent. The average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this MBA series. The purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period.
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Mortgage rates slide to record lows
Posted by mortgage 5 hours ago (Editorial)
Rates are great, home prices less filling
Posted by mortgage 5 hours ago (Editorial)
Mortgage rates stayed near all-time lows this week, as the housing market showed signs of life and sent potential homebuyers a message: If you want to buy low, it doesn't get any better than this. 30 year ...
RBC cuts mortgage rates
Posted by mortgage 5 hours ago (Editorial)
The Royal Bank of Canada announced Wednesday that it was cutting its residential mortgage rate by 0.1 of a percentage point to 5.34% for a fixed five-year closed rate agreement
First Person: How Much Home Can I Afford?
Posted by mortgage 5 hours ago (Editorial)
I'm in the market to purchase a home within the next six to eight months. I currently earn about $20,000 a year and rent an apartment for $540 a month. Ideally, I'd like a house with a mortgage payment that's less than $540 a month. In fact, I'd like the mortgage payment, taxes, insurance and property tax to be less than $6,480 a year.
Mortgage borrowers still underwater
Posted by mortgage 5 hours ago (Editorial)
Despite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to Zillow.
National mortgage rates for May 24, 2012
Posted by mortgage 5 hours ago (Editorial)
Mortgage rates stayed near record lows as the housing market shows signs of recovery. The 30-year fixed-rate mortgage was 3.97 percent, unchanged from last week.
Total Mortgage Expands Headquarters To Accommodate Growth
Posted by mortgage 5 hours ago (Editorial)
Strong origination growth and focus on operational excellence spurs expanding workforce. Continues to hire high quality mortgage professionals committed to customer service.Milford, CT (PRWEB) May 23, 2012 Total Mortgage Services, LLC, a leading national mortgage lender, announced an expansion of its Milford, CT headquarters. Total Mortgage has added an additional two thousand square-foot of ...
Judge dismisses parts of IndyMac fraud case
Posted by mortgage 5 hours ago (Editorial)
The ruling narrows the case against former IndyMac Bancorp Chief Executive Michael W. Perry, who is battling fraud allegations connected to the thrift's failure in 2008. In a setback for federal regulators, a federal judge threw out many of the fraud allegations against former IndyMac Bancorp Chief Executive Michael W. Perry in a case stemming from the collapse of the onetime Pasadena mortgag
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Mortgage How to Get is an informational resource about mortgage news and information.