15-Year Mortgage Rate Falls Again: Can It Go Any Lower?
Wednesday, March 16th, 2011The average interest rate for a 15-year fixed-rate mortgage hit a new historic low on Friday — 4.20 percent, down slightly from 4.21 last week. The last time the 15-year rate was that low was August 1991, when Freddie Mac began its weekly survey.
US mortgage rates steady, 30-yr at 4.75 pct-Freddie
Wednesday, March 16th, 2011U.S. mortgage rates held steady at or near record lows in the latest week, home funding company Freddie Mac said on Thursday, with new housing data indicating market momentum is muted.
Mortgage rates rise slightly but remain near record lows
Wednesday, March 16th, 2011Lenders are offering an average rate of 4.75% for a 30-year fixed mortgage, up from 4.72% last week, Freddie Mac says.
Mortgage delinquencies fall but foreclosures up sharply
Tuesday, March 15th, 2011For the first time in two years, fewer homeowners are missing mortgage payments, Treasury Department regulators reported Wednesday, but foreclosures are surging as many loan-modification efforts fail.
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.
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