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WASHINGTON — 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 ...

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Home sales sag despite record-low mortgage rates

TORONTO, ONTARIO--(Marketwire -11/25/11)- Canada's housing market continues to look balanced, with Regina leading the way and red hot Vancouver beginning to cool, according to a commentary from BMO Capital Markets Economics on the most recent ...

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Low Mortgage Rates Supporting Balanced Canadian Home Sales-BMO Economics

Dec. 8 (Bloomberg) -- U.S. mortgage debt, a driver of consumer spending during the real estate boom, dropped to the lowest level in almost five years in the third quarter as foreclosures wipe out home loans and housing purchases fall. The volume ...

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U.S. Mortgage Debt Falls to Five-Year Low as Wealth Effect Fades

NEW YORK, Dec. 8, 2011 /PRNewswire/ -- The jumbo 30-year fixed mortgage rate fell to a new record low of 4.68 percent, according to Bankrate.com's weekly national survey. The average jumbo 30-year fixed mortgage has an average of 0.4 discount and ...

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Bankrate: Jumbo Mortgage Rates Hit New Record Low

SYDNEY (MarketWatch) -- Australia's biggest banks were tightlipped Wednesday on whether they will pass on a rate cut by the central bank, prompting views that the lenders may lower mortgage rates less than the official move. More than 90% of ...

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Australia's banks tight-lipped on mortgage rates

Mortgage rates inched up this week as investors seemed to regain some confidence in the global economy and flocked to the stock market. The benchmark 30-year fixed-rate mortgage rose 2 basis points this week, to 4.25 percent, according to the Bankrate.com ...

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Experts say mortgage rates will remain low for 2012

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 30-year home loan ticked down ...

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Fixed mortgage rates hover near lows for 6th week

The mortgage engine seems stuck in low. For five straight weeks, Freddie Mac's survey of the rates offered by home lenders has averaged at or below 4% for 30-year loans. The most recent Freddie survey came out Thursday at an even 4% -- a ...

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Freddie Mac: Mortgage rates stuck in low at 4%

One way to boost your income in retirement is to let the bank send you a monthly check. With a reverse mortgage, you borrow against the equity in your home (receiving funds each month, in a lump sum, or with a line of credit) and don't repay the ...

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