|
||||||
![]() |
||||||
IMPORTANT: Bing News RSS feed has moved!It’s now more affordable than ever to take out a home loan. Freddie Mac reported Thursday that interest rates for fixed mortgages as well as the 5-year adjustable-rate mortgage are all at record lows. According to the GSE’s nationwide market ... Read moreMortgage Rates Hit Record LowsA one-year adjustable-rate mortgage averaged 2.81 percent, up from 2.80 percent last week. Low interest rates are attracting existing homeowners, with applications to refinance a mortgage surging more than 9 percent last week, to the highest ... Read moreMortgage rates hit new lowsThe previous record low was 4.21 percent, set Oct. 5. The benchmark 15-year fixed-rate mortgage fell 6 basis points to 3.42 percent, tying the record low. The benchmark 5/1 adjustable-rate mortgage rose 3 basis points to 3.21 percent. "There are so many ... Read moreMortgage rates dip to record lowThe share of applications filed to refinance an existing mortgage jumped to 76 percent of total applications, up from 73.9 percent the previous week. Adjustable-rate mortgages made up 5.7 percent of activity last week, down from 5.8 percent a week earlier. Read moreMortgage applications jump 13%The benchmark 15-year fixed-rate mortgage rose 1 basis point, to 3.48 percent. The benchmark 5/1 adjustable-rate mortgage rose 1 basis point, to 3.21 percent. Normally, mortgage rates tend to rise when the stock market rebounds. Rates could increase ... Read moreExperts say mortgage rates will remain low for 2012WASHINGTON – Adjustable mortgage rates are at records lows, and fixed mortgage rates remained relatively low, Freddie Mac said Thursday. The average rate on the 5-year Treasury-indexed hybrid adjustable-rate mortgage fell to a record low of 2 ... Read moreAdjustable Mortgage Rates At Record LowsThe benchmark 15-year fixed-rate mortgage rose 1 basis point, to 3.48 percent. The benchmark 5/1 adjustable-rate mortgage rose 1 basis point, to 3.21 percent Good news for stock usually bad for rates Normally, mortgage rates tend to rise when the stock market rebounds. Read moreMortgage rates remain near standstillFreddie Mac reported Thursday that the 30-year fixed-rate mortgage has averaged at or below 4.00 percent for five consecutive weeks now, while the 15-year fixed has hovered around 3.30 percent. Adjustable-rate mortgages ticked down slightly this ... Read moreThirty-Year Fixed Rate Settles in at 4.00 PercentRead moreFor additional information, please see:
|