New Lows Set on Fixed Rate Mortgages – Structured Finance News
Freddie Mac reported the sixth straight week of declines on 30-year fixed rate mortgages to a new record low of 4.54% for the week ending July 29 from 4.56% last week. Meanwhile, 15-year fixed rates are also …
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Mortgage rates for U.S. loans set a record low for the sixth straight week as investors sought the relative safety of bonds backed by government-controlled home finance companies Fannie Mae and Freddie Mac … Go to Source…
McLEAN, Va. — Mortgage rates rose for the fourth straight week, ending the year above 5 percent. The average fixed rate on a 30-year mortgage was 5.14 percent this week, up from 5.05 percent last week, Freddie Mac said Thursday. Mortgage rates are … Go to Source…
McLEAN, Va. — Mortgage rates rose for the fourth straight week, ending the year above 5 percent. The average fixed rate on a 30-year mortgage was 5.14 percent this week, up from 5.05 percent last week, Freddie Mac said Thursday. Mortgage rates are … Go to Source…
Mortgage rates fell for the second straight week to the lowest point in five decades. But many people either don’t qualify for new mortgages or have already taken advantage of the low rates this year. As a result, the … Go to Source…
Fixed-rate mortgages again hit record lows this week in Freddie Mac’s Primary Mortgage Market Survey released Thursday. The 30-year fixed-rate mortgage averaged 4.44 percent with an average 0.7 point for the week that … Go to Source…
July 8 (Bloomberg) — U.S. mortgage rates fell to a record low for the third straight week, reducing purchasing costs for homebuyers after the expiration of a government tax credit. Rates for 30-year fixed loans declined to 4.57 percent in the week ended today from 4.58 percent, mortgage-finance … Go to Source…
WASHINGTON – Rates for 30-year home loans inched downward this week, the first decline in a month, but remained above last month’s record lows. The average rate on a 30-year fixed mortgage was 5.09 percent this week, down from 5.14 percent a week … Go to Source…
These low rates have been helping to moderate house price declines over the course of the year,” said Frank Nothaft, Freddie Mac’s chief economist. Freddie Mac collects mortgage rates on Monday through Wednesday of each week from lenders around the … Go to Source…
Applications for government mortgages dropped substantially last week, following implementation of an increase in FHA mortgage insurance premiums,” Mike Fratantoni , the Mortgage Bankers Association ’s vice president of research and economics said. ” Go to Source…
LOS ANGELES — The average rates offered by lenders on 30-year fixed-rate home loans fell to 4.93 percent this week from 4.97 percent the week before, mortgage giant Freddie Mac reported Thursday. The average rate on 15-year fixed-rate mortgages was … Go to Source…
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