Mortgage Rates Lowest in Decades Yet Sales Plummet
Tuesday, March 15th, 2011Record breaking mortgage rates are not enough to spark the US real estate market..
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.
Refinancing mortgage often smart even if you have to pay
Tuesday, March 15th, 2011At the height of the housing boom, refinancing was doubly rewarding: You could lower your monthly payment and extract some cash to spiff up the kitchen.
Housing policy must be set on sustainable basis
Tuesday, March 15th, 2011The financial reform bill enacted last week is a significant step toward a much-needed modernization of our regulatory structure.
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