Mortgage Rate News
October 13, 2011 by Monica McNamara · Leave a Comment
Mortgage Rates on the Rise, But Still Near Historic Lows October 13, 2011 (www.bankrate.com) Via Paul Soule, Coldwell Banker Home Loans. Mortgage rates climbed this week after investors became less pessimistic about the financial crisis in Europe and the employment market in the United States. But rates remain near all-time lows and are expected to [...]
Market Briefs – 30 Years Back to 5%
February 19, 2011 by Monica McNamara · Leave a Comment
Thirty-Year Back to 5 Percent Freddie Mac’s latest survey reports longer-term rates eased a bit this week as was expected when Treasury yields fell slightly. The 30-year fixed-rate mortgage (FRM) averaged 5.0 percent for the week, down from last week when it averaged 5.05 percent. Last year at this time, the 30-year FRM averaged 4.93 [...]
Where Are These Interest Rates Going – Ask The Experts
October 31, 2009 by Monica McNamara · Leave a Comment
Mortgage Rates Seen Below 6% Through 2010 Even as mortgage rates remain near record lows, the Mortgage Bankers Association believes that the looming expiration of a key Federal Reserve program may increase home loan costs next year. Still, the MBA expects rates to remain extremely attractive throughout 2010, helping to juice home sales and insert [...]
