Tag Archives : Current Mortgage Rates

When Should I Refinance my Mortgage?

When Should I Refinance my Mortgage?

Before you think about refinancing your home, you must consider the extra cost involved with it, such as that of closing and also to make sure if it is valuable to refinance your mortgage.

Rise in Mortgage rates

Rise in Mortgage rates

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

U.S. Fixed Mortgage Rates Rise from Record Lows

U.S. Fixed Mortgage Rates Rise from Record Lows

Home funding company Freddie Mac said on Thursday that in the past week U.S. fixed home loan rates were at above record lows, tracking bond yields higher following surprise improvement in November employment…

Today’s Mortgage Rates

Today’s Mortgage Rates

There has been a slight increase in long term mortgage rates in this week’s Mortgage Applications Survey that has been released this morning by the Mortgage Bankers Association….

US Mortgage Rates Drop to Record Low of 4.71%

US Mortgage Rates Drop to Record Low of 4.71%

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…

Rapid fall in 30-Year Fixed Mortgage Rate

Rapid fall in 30-Year Fixed Mortgage Rate

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…

500,000 Mortgage Loans Modified

500,000 Mortgage Loans Modified

Earlier this week a press release has been issued by the U.S. Treasury Department saying that under the Making Homes Affordable Program 500,000 mortgage loans have been…

An Upturn in Housing Driven by Current Mortgage Rates

An Upturn in Housing Driven by Current Mortgage Rates

Over the past couple of months the housing data that has been released suggests that a housing recovery is near or it may be said that it is already underway. A “perfect storm” for a housing turn around has been created by the combination of low current mortgage rates along with historically high home affordability and…

Current Mortgage Rates – Today’s Interest Rates Stable at 5.50%

Current Mortgage Rates – Today’s Interest Rates Stable at 5.50%

Since the beginning of the week current mortgage rates have stabilized. Friday’s unemployment rate have shown a surprising decline over May’s unemployment numbers due to which the mortgage rates were forced to rise a little bit but rates…

Mortgage Rates Rises as Unemployment Rate Falls

Mortgage Rates Rises as Unemployment Rate Falls

Today mortgage rates jumped after the Bureau of Labor Statistics have said that the unemployment rate was fallen to 9.4% in July as compared to 9.5% in June, which has surprised most of the economists who have estimated that the rate would go as high as…

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