Mortgage Approval Rise Shows ‘Stable Market’
Wednesday, March 16th, 2011Mortgage approvals hit their highest level of 2010 last month, according to the British Bankers Association.
Record low mortgage rates spur high interest in refinancing, sales
Wednesday, March 16th, 2011Interest rates are falling to hitherto-unseen lows, thanks to a persistently volatile stock market and the ongoing debt crisis in Europe.
U.S. housing market remains fragile despite low mortgage rates
Tuesday, March 15th, 2011After showing signs of a fledgling recovery from the worst downturn in decades, the U.S. housing market appears to be heading back toward the doldrums, as the expiration of a lucrative tax credit for buyers and increased uncertainty about the economy cause home sales to plummet.
Advantages of Getting a Fixed Rate Term for Your Mortgage
Tuesday, March 15th, 2011Buying the house that you had always dreamed of is usually the culmination of a successful career. However, since you probably will secure a mortgage to have your dream house, the biggest consideration would most likely center whether you will go for a fixed rate mortgage or adjustable rate mortgage.
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
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