30-Year Mortgage Rate Down to 3.92%. 15-Year Slides to 3.08%.
Mortgage rates fell again, this according to Freddie Mac’s weekly mortgage survey. The 15 year rate lowered by 10 basis points, with two weeks in a row of…
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Mortgage Rates
30-Year Mortgage Rates Drop Sharply to 3.97% — a 70-Week Low.
The 30 year mortgage rate fell below 4.00% for the first time since June 2013 according to Freddie Mac’s weekly survey. Released each Thursday, Freddie Mac surveys lenders…
Mortgage Rate Forecast: Week of October 13, 2014
Mortgage rates fell at a rate not seen for quite some time. While not falling all the way to 4.00 percent, the benchmark 30 year rate dropped to…
This Week In Mortgage Rates: October 6-10, 2014
Freddie Mac reported the 30 year fixed rate fell to 4.19% from 4.20% the previous week, the 15 year held steady at 3.36%. The 1-Yr ARM dropped by…
Home Prices Up, But Not the Cost of Homeownership Thanks to Lower Mortgage Rates
If you follow the housing market, you’ve been hearing reports over the last year or so about home prices increasing each month. Year to year, home prices are…
Mortgage Rates: Then, Now, and in the Future
If you’re a potential or recent home buyer, you’ve been spoiled by some of the lowest interest rates in history over the last couple of years, which have…
Low Rates, Faster Closings for Today’s Refinance Borrowers
Many homeowners now refinance faster and lock lower rates than borrowers did just a few months ago. Mortgage rates saw a slight uptick late last week, but it…
Mortgage Rates: 2014 Predictions from Leading Experts
The days of seeing mortgage interest rates in the 3 and 4 percent range could be ending. But some experts have differing opinions on how high the rates…
Janet Yellen is New Head of the Federal Reserve. Mortgage Rates Could Soon Fall Dramatically.
Bottom Line: Yellen is sympathetic to the unemployed. To spur employment, she could cut mortgage interest rates. Janet Yellen was confirmed as the new chair of the Federal Reserve…
Mortgage Rates Drop Dramatically after Jobs Report
The Employment Situation report, also known as nonfarm payrolls or simply the Jobs Report, is the single most influential piece of economic news each month, at least as…