ADV: Refinance Rates Just Got Lower
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YESTERDAY Close $60.07 Change -$3.18 52-WEEK High $71.92 Low $54.97 Freddie Mac, the nation's number two buyer and backer of home mortgages, set aside more than $300 million in the second quarter to account for bad loans, contributing to a 45 percent drop in profit.
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The borrower&#039;s pain is not necessarily the saver&#039;s gain. The cost of mortgages, home equity lines and credit card debt has gone up with each bump in interest rates by the Federal Reserve. Savers, for the most part, have not seen comparable increases in their returns.
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Long-term mortgage rates aroundthe United States moved up this week, but rates on 30-year mortgages for all of 2004 registered their second-lowest year on record, the mortgage wholesaler Freddie Mac reported Wednesday.
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Bye-bye, PMI. So long, souped-up interest. Time to streamline your mortgage budget.
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WASHINGTON -- Rates on 30-year and 15-year mortgages fell this week to the lowest levels seen in six months, good news for people wanting to buy a home or refinance.
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Mortgage rates rose about one-tenth of a point this week, Freddie Mac said Thursday. The 30-year fixed-rate mortgage (FRM) averaged 5.82 percent this week, with an average 0.6 points, up from last week when it averaged 5.72 percent.
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Interest rates on US 30-year mortgages edged slightly lower in the latest week, continuing to offer an enticing rate to prospective home owners, mortgage finance company Freddie Mac said on Wednesday.
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Interest rates on U.S. 30-year mortgages edged slightly lower in the latest week, continuing to offer an enticing rate to prospective home owners, mortgage finance company Freddie Mac said on Wednesday.
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Get a low refinance or home equity rate, including $150,000 mortgage for under $690/mo. Also save on your cell phone bill, long distance calls, credit card payments, auto insurance and more.
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Don't fall for overly high yields.
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More than a fifth of people who have come off fixed-rate mortgages have found it hard to meet their repayments.
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Consolidating your student loans isn't the no-brainer it used to be. Last year at this time, money mavens were exhorting college students and recent graduates to run right out and refinance their loans before the big July 1 rate hike, which took rates on those loans from the neighborhood of 4.7 percent to 6.54 percent. This year, rates are again ...
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Interest rates on U.S. 30- and  15-year mortgages fell this week to their lowest levels since  early April as the housing market showed little sign of slowing  despite the Federal Reserve's move to raise interest rates,  mortgage finance company Freddie Mac said on Thursday.