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Dec. 15 (Bloomberg) -- Mortgage rates for 30-year U.S. loans declined, matching the lowest level on record, as the European debt crisis drove investors to the relative safety of Treasury bonds. The average rate for a 30-year fixed loan fell to 3 ...

Mortgage Rates for 30-Year U.S. Loans Match Record Low of 3.94%

WASHINGTON (AP) -- 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 ...

Fixed mortgage rates hover near lows for 6th week

The days of getting any sort of discount on a variable rate mortgage are over — again. Those mortgages, tied to prime, have become a mainstay of the housing market. And, why not? While prime has stood at 3% at most major financial institutions ...

Variable rate mortgage discounts disappearing

The 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 ...

As Mortgage Rates Fall, the Refi Party Continues

WASHINGTON – The average rate on 30-year fixed mortgages has dropped to 3.94 percent, the record low set in October. Low rates offer a historic opportunity for those who can afford to buy or refinance. Still, many people either can’t take ...

30-year mortgage rate again drops to record-low 3.94%

QUESTION: My daughter is in an interest-only loan with a 30-year term. Her interest rate is 8%. She owes $128,000 on the loan. Fannie Mae owns the loan. She has tried to refinance her home. We thought that she could refinance her loan under the ...

Options for refinancing a high-rate interest-only mortgage

Others include adding an interest rate stress test, new rules on how borrowers who want to remortgage to consolidate debts are treated, and changing how advice is given by mortgage brokers. Lenders will also be obliged to be fairer to borrowers ...

Q&A: FSA's proposals to reform the UK mortgage market

with home owners being unable to meet repayments when rates start to go up. The body's Mortgage Market Review said loans should only be advanced where there is a reasonable expectation that the customer can repay the loan without relying on "uncertain ...

Mortgage market shake-up unveiled

The average interest rate on a 30-year fixed-rate mortgage dropped again this week to 3.94%, tying a record low set in October, according to housing finance giant Freddie Mac. Freddie Mac's weekly survey pegged the rate for a 15-year fixed ...

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