Freddie: 30-year fixed-rate mortgage at record low
Tuesday, March 15th, 2011Treasury-indexed ARM rates more than a percentage point lower than a year ago
Mortgage Rates Mostly Flat; 30Yr Fixed Stays At 4.57% -Freddie
Tuesday, March 15th, 2011Mortgage 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.
Daily Mortgage Rates
Tuesday, March 15th, 2011Today 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.
Fannie Mae launches new site to help homeowners facing foreclosure
Monday, March 14th, 2011Mortgage 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.
Mortgage Rates Hit New Lows
Monday, March 14th, 2011Mortgage 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.
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