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Bank of America and Chase Current Refinance Mortgage Rates

Bank of America and Chase Current Refinance Mortgage Rates

This week mortgage refinance rates are quite moving higher. Last Friday average mortgage refinance rate for a 30-year fixed rate mortgage was 4.7351%. Compare that to 4.6128% last Friday. The average mortgage rate refinance for the week was 4.641%. Bank of America (BofA) is charging 5.157% in home refinance and 4.933% for a new purchase [...]

Mortgage Loan and Refinance Application Increased According to MBA

Mortgage Loan and Refinance Application Increased According to MBA

Mortgage Bankers Association (MBA) implemented and conducted a “Weekly Mortgage Application Survey” and the results shows that people that are applying for a mortgage loan has increased 7.6% (seasonally adjusted) from the previous week. The unadjusted calculation was nearly 20% increase seen in the amount of home loan application processed from the previous week. In [...]

Today’s Mortgage Rate Still at Record Low

Today’s Mortgage Rate Still at Record Low

Those people interested in the current mortgage rates and financial situation of the nation are fully aware on the current status of these issues. With mortgage refinance rate moving slowly towards all time lows it’s no surprise to see a lot of American homeowners comparing mortgage interest rates on daily basis. With home loan rates [...]

Mortgage Rates Still at Lowest Level

Mortgage Rates Still at Lowest Level

Primary Mortgage Market Survey (PMMS) shows s average 30 year fixed rate mortgages fall to 4.57 % with 0.7 points. This is the same percentage as last week’s 4.57% and well below this time last year when average for a 30 year fixed rate mortgages were 5.14%. The 15 year fixed-rate mortgage average ticked up [...]

Current Home Mortgage Refinancing Interest Rates Ultra Low this Week

Current Home Mortgage Refinancing Interest Rates Ultra Low this Week

Reported earlier this week, the average mortgage refinancing rates dropped incredibly low. The 30-year stabled rate mortgage for refinancing dropped in 2 basis points Friday compared to Thursday. The standard 30-year fixed mortgage refinance rate was 4.76 Friday, as well as the average for the past week was 4.73 percent. The Bank of America is [...]