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IMPORTANT: Bing News RSS feed has moved!Mortgage rates are expected to remain very low at least through mid-2012, while housing activity improves slightly, according to Freddie Mac’s economic and housing outlook released Wednesday. The outlook also projects fewer single-family home ... Read moreFreddie: Low Mortgage Rates to Hang Around Next Year... rate on the 15-year fixed mortgage fell to 3.21% from 3.27%. That's also a new record. Rates have been below 5% for all but two weeks this year. Yet this year could be the worst for home sales in 14 years. Low mortgage rates haven't spurred ... Read moreFixed mortgage rates drop again to record lowsBMO Bank of Montreal announced today that it is lowering the rate for its 5 year low-rate 25 year amortization mortgage by 20 basis points to 3.49 per cent effective tomorrow. BMO is also advising potential homebuyers to consider a mortgage with a 25 year ... Read moreBMO Lowers Rate to Encourage Canadians to Select a Mortgage With a 25 Year AmortizationThe rate on the most common type of mortgage hit a new low this week, as investors try to figure out what's in store for the global economy. Uncertainties over the European debt crisis and growing concerns about the housing market in the United States ... Read moreMortgage rates dip to record lowWASHINGTON (AP) -- The average rate on the 30-year fixed mortgage hovered above its record low for a fifth straight week. Despite the great opportunity, few have the means or stomach to buy or refinance in the depressed housing market. Read moreRate on 30-year fixed mortgage hovers at 4 pct.WASHINGTON, Dec. 14 (UPI) -- The Mortgage Bankers Association said U.S. mortgage activity rose 4.1 percent in the week ended Friday with long-term mortgage interest rates falling. Interest rates for 30-year, fixed-rate mortgages fell from 4.18 ... Read moreLow interest rates spur mortgage activityWASHINGTON — The average rate on the 30-year fixed mortgage hovered above its record low for a sixth-straight week. But the super-low rates aren’t providing a lift to the struggling housing market. Freddie Mac said Thursday the rate on the ... Read moreHome sales sag despite record-low mortgage ratesWe wrote about this extensively in a previous post: Why Aren't Mortgage Rates Getting Lower as Fast as Treasuries? Keep in mind that a huge factor in how low mortgage rates can go is the underlying Mortgage-Backed-Securities market. A vast ... Read moreMortgage Rates Officially Hit All Time Lows (Again)Read moreFor additional information, please see:
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