Tag Archives: Record

Mortgage rates tick up, above record low

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Mortgage rates tick up, above record low
WASHINGTON (AP) — Average rates on fixed mortgages ticked up this week just slightly above their record lows, keeping home-buying and refinancing attractive. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year loans ticked up to …
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The rate game
7, the average national rate on a 30-year, fixed-interest mortgage was 3.47% — the lowest in the history of the national Mortgage Bankers Association's rates survey. People interested in a 15-year mortgage had the opportunity to secure one at 2.85%.
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Proposal Could Broaden Government Refinance Programs
I'm not sure that I really know how to describe our national housing policy as set forth by the Obama Administration. But I suppose if forced to place it into words, I could do worse than “refis for everybody!” Now we learn that yet another refinance …
Read more on Mortgage Rates & Trends (blog)

Vital Signs Chart: Record Low Mortgage Rates

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Vital Signs Chart: Record Low Mortgage Rates
Mortgage rates have again dropped to their lowest levels on record. The rate for a 30-year fixed mortgage fell to 3.31% last week from 3.34% a week earlier and nearly 4% a year ago. Low rates are encouraging more Americans to buy homes or refinance …
Read more on Wall Street Journal (blog)

'Virtuous cycle' of low interest rates is working
Indirectly, the Fed has also helped push down long-term interest rates, which means the average 30-year fixed-rate mortgage is at a record low 3.32%. If you were bought a median-priced home — half costing more, half less — at $ 186,100, your principal …
Read more on USA TODAY

Mortgage rates mixed in week
WASHINGTON, Dec. 20 (UPI) — Fixed mortgage rates on long-term loans in the United States were mixed in the week, the Federal Home Loan Mortgage Corp. said Thursday. In a weekly tracking report Freddie Mac said the average 30-year fixed mortgage …
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BANKRATE INC : Bankrate: Mortgage Rates Tie Record Low

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BANKRATE INC : Bankrate: Mortgage Rates Tie Record Low
NEW YORK, Nov. 29, 2012 /PRNewswire/ — It was a mixed week for mortgage rates, with fixed mortgage rates trickling lower, while adjustable rate loans bounced higher. The benchmark 30-year fixed mortgage rate tied the record low of 3.52 percent, …
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Mortgage Rates Deal of the Day: Countryside Credit Union at 2.75%
Mortgage rates today are lower than they've been in years, making this an brilliant time for interested home buyers to buy a mortgage loan. Of course, prospective borrowers also must feel certain that their lender has their best interest at heart …
Read more on Go Banking Rates