As a Christmas gift Fannie Mae has given homeowners a few more days before they get tossed on the street. No other D.C mortgage lenders have followed Fannie’s lead, but hope so…
{ 0 comments }
From the category archives:
Mortgage News
Yesterday Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.94% with an average 0.7 point for the week ending…
{ 0 comments }
According to Zillow.com, in U.S. the weekly average rate for a 30-year fixed mortgage rose from 4.62% a week earlier to 4.67%, which is the first increase since mid-October…
{ 0 comments }
There is a record drop in mortgage rates for fixed 30-year loans, among signs that the housing market has started emerging from the worst slump since the 1930s. The rate has become as low as 4.71% for the week ended today. This has been recorded…
{ 0 comments }
Data from an industry group reported on Wednesday, that U.S. mortgage applications nudged higher last week, as consumers showed a subdued reaction to the lowest interest rates in six months. It has been said by the Mortgage Bankers Association that interest rates on 30-year fixed-rate mortgages, which is the most widely used loan, fell for…
{ 0 comments }
According to Zillow Inc. of Seattle, Wash, the rate for 30-year fixed mortgages has dropped down seven basis points last week to 4.62%, down from 4.69% the last week…
{ 2 comments }
According to the latest Mortgage Application Survey released by the Mortgage Bankers Association, the 30 year mortgage rates have fallen down to 4.82%. This can be considered a slim decline from the last week’s average 30 year contract mortgage rate of 4.83 percent.
{ 0 comments }
Although the number of approved applications for new home mortgages has doubled this year, the experts still warn that there may be much more restricted lending in the next year.
{ 0 comments }
For the first time since June, the average interest charged on a two-year fixed-rate mortgage was reported to fall below 5%.
{ 1 comment }
Nowadays, you can easily find many lenders willing to offer jumbo mortgages, though the requirements may be harsher than before.
{ 1 comment }
