Mortgage rates declined again the past week, with the average rate on all four loan types reaching the lowest levels since Freddie Mac started keeping track, according to a weekly survey by the mortgage financier.
Rates have fallen this year as the Treasury market has rallied. Higher Treasury prices means lower yields, and mortgage rates usually [...]
Posts Tagged ‘fixed rates’
Mortgage Rates Hit New Lows
August 5th, 2010 by Mortgage Writer
Tags: fixed rates, Freddie Mac, mortgage finance, mortgage market, mortgage rates, treasury
more...Fannie Mae launches new site to help homeowners facing foreclosure
August 4th, 2010 by Mortgage Writer
Mortgage giant Fannie Mae has launched a new website to help homeowners understand their options when facing foreclosure. The government-operated company is attempting to reduce the $3.2 trillion of mortgages and securities it owns or guarantees.
The site, titled “Know Your Options,” provides visitors with easy-to-read definitions of mortgage terms used in the industry. It also [...]
Tags: borrowers, fannie mae, fixed rates, foreclosures, homeowners, loans, mortgage, mortgage payments, mortgage rates
Daily Mortgage Rates
July 19th, 2010 by Mortgage Writer
Today the thirty-year fixed rate mortgage (FRM) is averaging an interest rate of about 4.50%, this is down from most of last week when the thirty-year FRM averaged at 4.625%. The current mortgage rates being offered by America’s leading mortgage servicers continue to remain around fifty-year lows.
The fifteen-year FRM is currently being advertised at about [...]
Tags: economic recovery, FHA, fixed rates, homebuyers, housing market, interest rate, lenders, loan, loans, mortgage lenders, mortgage lending, mortgage rates, mortgages, real estate
Mortgage Rates Mostly Flat; 30Yr Fixed Stays At 4.57% -Freddie
July 15th, 2010 by Mortgage Writer
Mortgage rates were largely flat the past week, with the average rate on 30-year fixed-rate mortgages remaining at a record low, according to Freddie Mac’s (FMCC) weekly survey of mortgage rates.
Rates remain at or near record lows as the Treasury market has rallied amid stock-market skepticism, pushing yields down. Mortgage rates generally track Treasury yields.
The [...]
Tags: fixed rates, Freddie Mac, home loans, housing market, interest rates, loan, money, mortgage, mortgage lenders, mortgage payment, mortgage rates, mortgages, real estate, treasury, treasurys
Freddie: 30-year fixed-rate mortgage at record low
July 8th, 2010 by Mortgage Writer
Treasury-indexed ARM rates more than a percentage point lower than a year ago
The 30-year fixed-rate mortgage has hit a record low, ticking down to an average 4.57% in week ended July 8, compared with 4.58% in the prior week, Freddie Mac reported Thursday.
To obtain the latest rate, the mortgage required payment of an average 0.7 [...]
Tags: economists, fixed rates, foreclosure, Freddie Mac, home loans, housing market, money, mortgage, mortgage rates, subprime mortgages
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