All Entries Tagged With: "mortgage rate"
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
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 [...]
Low Mortgage Rates Attracts American Homebuyers Back into the Market Last Week
According to the Mortgage Bankers Association (MBA) the mortgage applications rate rose by 7% last week over the prior week’s application rate as American homebuyers moved back into the housing market because of the record low mortgage rates. Mortgage refinance applications also increased since last week, up 9% over the prior week, which instantly resulted [...]
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 [...]
Mortgage Rates Hit Record Lows but still Homeowners not taking Advantage of Rates
The latest mortgage rates have reached a new record low this week. In the past 90 days, mortgage rates have dropped from the low 5s, to high 4s, and now as low as 4 percent for a 30-year fixed loan. According to experts there are lots of home-owners and buyers aren’t taking advantage of the [...]
Cheap Mortgage Loan Drives Refinancing
The average rate for 30 year old mortgage loan continued to be at one of its lowest, even as it marginally rose to 4.75 percent last weekend compared to the previous week’s level of 4.72 percent, according to Mortgage Finance giant Freddie Mac. Incidentally, the mortgage rate had hit a record low of 4.71 percent last December, the lowest ever since Freddie Mac started keeping track of rates.
The average rate on a 15 year old mortgage rose up to 4.2 percent from its record low of 4.17 percent last week.
