Tag Archive | “30-year fixed mortgage”

Rise in Mortgage rates

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The US weekly average rate for a 30-year fixed mortgage has raised up from 4.62% to 4.67%.

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National rates for 15-year fixed mortgages has also raised up from 4.19 to 4.20.

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For first time in weeks Mortgage Rates Rise

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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.

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Rise in 15-year fixed mortgages

It has been indicated by the Seattle online real estate company’s Zillow Mortgage Rate Monitor that last week national rates for 15-year fixed mortgages also rose from 4.19 a week earlier to 4.20.

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Federal Tax Credit for Home Buyers Extended

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For first-time home buyers the $8,000 tax credit has been extended until April, 30, 2010. It is considered as a stimulus that’s anticipated to boost home sales in the new year.

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Tax credit incentive for established homeowners

There is also a good news for established homeowners, and that is the federal government is also offering a new, $6,500 tax credit incentive. This  tax credit incentive is for those who have owned their present house for at least five years.

Anticipation of Housing Market Stimulation

It is anticipated by the realtors that the tax incentives would stimulate the housing market as the last, first-time buyer tax credit did.

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15-year fixed mortgage rates hit a low

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Mortgage company Freddie Mac said that this week the average rate for a 30-year fixed mortgage was 5.04%, that has dropped down from 5.07% a week earlier.

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15-year fixed-rate mortgage has dropped to 4.47%

The average rate on a 15-year fixed-rate mortgage has dropped to 4.47% from 4.5% last week, these were the lowest level on records that has ever recorded since 1991.

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30-year Mortgage Rates Drop Slightly

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Mortgage company Freddie Mac said that this week the average rate for a 30-year fixed mortgage was 5.07% , which has fall from 5.08% a week earlier.

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The average rate on a 15-year fixed-rate mortgage has sink to 4.5% from 4.54% last week.

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September 2011
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