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Mortgage Rates Rise After Posting Record Lows

Mortgage rates started to edge higher this week, after a series of recent positive reports showing the housing market on the mend, Freddie Mac reported in its weekly mortgage market survey. The 30-year fixed-rate mortgage after posting all-time record

Record Rates Push Housing Affordability Higher

The 30-year fixed-rate mortgage hit another all-time low this week, marking the seventh straight week it has averaged below 4 percent, Freddie Mac reports in its weekly mortgage market survey. Here’s a closer look at rates for the week ending Jan.

Americans Eager to Buy, Sellers Aren’t Happy?

Nearly 80 percent of home buyers say now is a great time to buy a home, but sellers say it’s not a great time to sell, according to a new study, “The Great Recession and Attitudes Toward Homebuying,” released this week by the Mortgage

Just in time for the holidays

Mortgage rates reached new all-time lows this week, pushing home buyer affordability even higher, Freddie Mac reports in its weekly mortgage market survey. "Rates on 30-year fixed mortgages have been at or below 4 percent for the last eight weeks

Want A Payroll Tax Cut? Be Prepared For HIGHER Fannie/ Freddie Fees

Democrats and Republicans both support extending the payroll tax cut, and they both agree that the cost of the extension should be offset through changes elsewhere in the budget. The idea coming from the Democrats idea that is to…. pass the expense

Falling Rates Send Mortgage Apps Soaring 10%

More borrowers are taking advantage of record low interest rates. Mortgage applications increased 10.3 percent last week over a week earlier, the Mortgage Bankers Association reported. The purchase index, a gauge of future home buying, increased 4.8 percent

Improved Job Report Sends Mortgage Rates Higher

After posting record lows the last few weeks, mortgage rates inched higher this week, Freddie Mac reports in its weekly mortgage market survey. Yet, rates still remain near 60-year lows. “An employment report that was better than market expectations

Mortgage Rates Remain at Record Lows

--> The 15-year fixed-rate mortgage reached a new record low of 3.29 percent this week, as 30-year mortgage rates remained at the record low it reached last week, Freddie Mac reports in its weekly mortgage market survey. Here’s a closer look at

Big Savings for Buyers: Rates Reach New Record-Lows

For the second straight week, mortgage rates reached another milestone, with 30-year and 15-year fixed-rate mortgages hitting record lows again, Freddie Mac reports in its weekly mortgage market survey. "Continued investor concerns over the state

Mortgage Rates Hover Around Record Lows

--> Mortgage rates this week are averaging at or near historic lows, Freddie Mac reports in its weekly mortgage market survey. "Weaker economic data reports eased upward pressure on mortgage rates this week and kept them at or near all-time record

Mortgage Rates Reach All-Time Lows Again

--> Ongoing economic concerns continued to push mortgage rates to new lows, as 30-year and 15-year mortgage rates took another dip, pushing home affordability even higher, Freddie Mac reports in its weekly mortgage market survey. 30-year fixed-rate mortgages:

12 air conditioner tips to beat the heat

Call a professional: Each central air conditioning unit should be inspected, cleaned and tuned by a professional. A professional tune-up typically costs between $70 and $125. Keep the filter clean: Clean and replace the air conditioner filter frequently

5 Questions to Ask Your Mortgage Professional

Everyone knows you’re supposed to be proactive and assertive when you take out a mortgage, carefully collecting and evaluating all sorts of information before you make the biggest deal of your life. But when the mortgage broker starts shooting sheaves

5 Surprising Credit Report Errors You Must Fix

In a recent study, 19 percent of American consumers who reported finding an error in their credit reports opted not to dispute the error, even when they were offered $5 to file the dispute! Why not? Well, some said they thought the error was too minor

Mortgage Rates Mostly Hold Steady This Week

Mortgage rates continue to hover around yearly lows and were mostly unchanged this week, amid mixed economic and housing reports, Freddie Mac reports in its latest mortgage market survey for the week ending July 21. "Although both the overall producer
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