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Latest Current Mortgage Rates news:Mortgage rates again at new low; average for 30-year fixed loan at 4.54 percent
Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making home-buying and refinancing -- for those who can get loans -- the most attractive it has been in decades. Mortgage - Business - United States - Financial Services - Loan
Read more News Source - Washington Post
Publish date - 21:31:32 07/30/10
Fixed Mortgage Rates for 30-Year U.S. Loans Fall to 4.54%, Freddie Reports
Mortgage rates for U.S. loans set a record low for the sixth straight week as investors sought the relative safety of bonds backed by government-controlled home finance companies Fannie Mae and Freddie Mac.
Read more News Source - Bloomberg
Publish date - 14:53:24 07/29/10
Falling Mortgage Rates May Give a Boost
Mortgage rates set another record low, potentially freeing up money for consumers
Read more News Source - BusinessWeek
Publish date - 20:21:23 07/29/10
Falling U.S. Mortgage Rates May Aid Economy By Freeing Cash for Consumers
Mortgage rates for U.S. homes set a record low for the sixth straight week, potentially freeing up money for consumers to spend elsewhere.
Read more News Source - Bloomberg
Publish date - 18:38:21 07/29/10
Barclays Cuts Rates on its 80 Percent Loan to Value Mortgages and Introduces 'Drop Lock' Facility
Barclays is reducing rates on its Woolwich mortgages (80 per cent LTV) by up to 0.21 percentage points from Thursday 29th July and at the same time introducing a drop lock facility for all new mortgage customers.
Read more News Source - PRWeb via Yahoo! News
Publish date - 10:40:52 07/31/10
Mortgage rates at lowest levels since Eisenhower years
Mortgage interest rates below 5 percent might be the sign of a moribund economy to some. Two Grand Junction families, however, are taking advantage of rates that last were this low during the Eisenhower administration. For one family, the lower rates offer a level of comfort as the college years of their three sons approach.
Read more News Source - The Daily Sentinel
Publish date - 05:03:54 07/28/10
Mortgage rates hit another record
Cheaper home financing can be driver for economy
Read more News Source - Contra Costa Times
Publish date - 23:01:09 07/29/10
Fixed mortgage rates keep falling
The average on a 30-year loan drops to 4.54%, while 15-year mortgages are down to 4%, Freddie Mac reports. This marks the sixth straight week of record lows. The Gershwin standard is "Nice Work If You Can Get It." The refrain in today's housing market would be: nice loans — if you can get them.
Read more News Source - Los Angeles Times
Publish date - 00:40:48 07/30/10
Mortgage-Bond Spreads Surpass Lows Reached During Fed Buying
Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates reached record lows relative to 10-year Treasuries as investors search for higher returns amid limited refinancing by borrowers.
Read more News Source - BusinessWeek
Publish date - 20:04:53 07/28/10
Low Rates are Squeezing Bank Profits
What started as a blessing for big lenders is becoming a burden as profit margins shrink
Read more News Source - BusinessWeek
Publish date - 22:22:02 07/30/10
The changes on FHA loans and how they will affect borrowers and sellers
Seller concessions What are they? Contributions that sellers kick in to help defray a buyer's costs. They can include closing costs, inspections, appraisals and free upgrades. What's changing? The FHA proposes slashing allowable seller concessions in half, capping them at 3 percent of the home pr... Federal Housing Administration - Business - United States - Mortgage - Financial Services
Read more News Source - Washington Post
Publish date - 12:01:14 07/31/10
Real Estate Matters: Inherited townhouse causes sibling divide
Q My sister and I inherited a town home when our father died last year. A Realtor has estimated the current value to be about $160,000, with no mortgage on the property. The will stated that we each get half of the property. The town home has been for sale on and off since April 2009. We've had three contracts on it, but all have fallen through because the buyers really did not have the money.
Read more News Source - The Morning Call
Publish date - 09:46:22 07/31/10
Hedge Fund Sees Risk in Mortgage Bonds After 28% Gain
Metacapital Management LP, the hedge-fund firm run by former Lehman Brothers Holdings Inc. mortgage-bond trader Deepak Narula, returned 28 percent in the first half of this year, boosted by government-backed debt that benefits from limited homeowner refinancing.
Read more News Source - BusinessWeek
Publish date - 21:05:37 07/29/10
The changes on FHA loans and how they will affect borrowers and sellers
Seller concessions What are they? Contributions that sellers kick in to help defray a buyer's costs. They can include closing costs, inspections, appraisals and free upgrades. What's changing? The FHA proposes slashing allowable seller concessions in half, capping them at 3 percent of the home pr... Federal Housing Administration - United States - Business - Mortgage - Financial Services
Read more News Source - Washington Post
Publish date - 21:31:40 07/30/10
Shares are ready to fly
The stars are perfectly aligned for shares to rally hard to the end of the year, stock experts say.
Read more News Source - The Age
Publish date - 14:05:13 07/31/10
Weighing the impact on your credit of walking away
(ARAContent) — Owing more on a mortgage than one's house is worth may seem like a bad investment. But the alternative - choosing to default on a mortgage even if you can afford the monthly payments - will take a significant toll on a credit rating.
Read more News Source - The Record and Herald News
Publish date - 21:06:37 07/30/10
Monetary Policy, Deflation, and Quantitative Easing
Calling for "quantitative easing" or "printing money" given our recent experience is to cause undue
Read more News Source - Forbes
Publish date - 19:20:41 07/30/10
Confessions of a Money Manager: It'll be a good day for investors when the ‘animal spirits' re-awaken
Perhaps the most celebrated economist of the 20th century, John Maynard Keynes, wrote in his 1936 book, "The General Theory of Employment, Interest Rates, and Money," that governments should intervene when their economies falter. They should do so by kick-starting with massive deficit spending programs and setting low interest rates. Then, when the economy is shocked out of its lethargy, the ...
Read more News Source - The Capital Times
Publish date - 21:37:50 07/30/10
Area Mortgage Interest Rates
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Read more News Source - The Longview News-Journal
Publish date - 16:35:29 07/28/10
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