mortgage rates

Bank of America Has Released its Income Report for the Third Quarter

Bank of America has released their income report for the year's third quarter. The report indicated an "originated $13.7 billion of first-mortgage loans and $3.1 billion of home equity loans."

New Mortgage Policies Caused Uncertainty in Mortgage Industry's Future

Mortgage Bankers Association is set to hold their annual convention for this year and many topics are in line to be discussed. As the new mortgage policy has already taken into effect, what will be the significant changes in the mortgage industry the policies will bring?

Mortgage Rate Hits Lowest Record in Six Months with Less Than 4%

Strong U.S. dollar and robust employment has once again made the mortgage rates hikes to be postponed which makes an average 30- year mortgage rate to reach lower than 4 percent.

How To Prepare For The Rise In Mortgage Rates

As of now, the mortgage rates are still consumer friendly. The rates have been in its all time low so buyers are finding it quite easy to achieve their dream homes. But knowing how the economy works, or at least how everything works, what went down can also rise back up. The economy is expected to rebound again in 2016 and expensive mortgages ca arise once again.

Mortgage Application Surges with 25.5% Due to New Mortgage Rules

Mortgage application increased with 25.5 percent as mortgage rates lowers and borrowers rushed to file their applications before loan disclosure changes again.

Rise in Mortgage Rates Will Cause Unaffordability Among Canadians

Bank of Montreal's Wealth Institute released a survey showing that one in six Canadians will not be able to pay their monthly mortgage payments should interest rates increase which can add another C$500 into their monthly payments.

New Mortgage Rules Made Applications Easier for Lenders and Home Buyers

New mortgage rules has taken effect starting this month providing home buyers two new forms from their lenders detailing their loan terms.

Mortgage Applications Fell 6.7% Despite Rate Decrease

Mortgage Bankers Association have released their weekly report on Wednesday and the report revealed that mortgage applications decreased despite of the rate decrease.

Understanding Mortgage Closing Costs

Amusing as it may be, closing costs rose by 6% from last year despite this year's low mortgage rates. This is partly caused by the stricter regulations on loans which increases the costs for banks, and these costs are technically passed on to the consumers.

Real Estate: 4 Reasons To Refinance Your Mortgage

Refinancing sounds like a nice idea if you think about the amount of money you can save per month; that should get you a nice car, new furniture, a family vacation, or a fatter savings account. However, it is not as simple as that. Though the low interest rate is tempting, it still doesn't mean that it's the right option for you.

'Hudson City Savings Bank' Set to Pay $32.75 million For Mortgage Discrimination Lawsuit

New Jersey- based Hudson City Savings Bank is set to pay $32.75 million for settlement of their federal lawsuit of mortgage discrimination.

Mortgage Rates Declined After Federal Reserve Postponed Rate Hike

Freddie Mac released a report last Thursday that mortgage rate declined for the past week when Federal Reserve decided not to raise the interest rates.

'Weststar Mortgage Corporation' Merges with 'Goldwater Bank' for a Stronger Mortgage Lending Business

Weststar Mortgage Corporation will soon merge with Goldwater Bank after acquiring the company through stocks.

Real Estate News: Mortgage Rate Update

Mortgage rates for 30-year fixed mortgages rose this week, with the current borrowers rate at 3.75 percent, up one basis point from last week.

'American Horror Story' Season 5 News: Hotel Cortez' Rates Revealed, David O'Hare Character Costume as 'Liz Taylor'

Check out 'American Horror Story' Season 5 Hotel Cortez Rates and David O'Hare in character as 'Liz Taylor' for the upcoming episode.

Why Is It Hard For Latin Americans To Get A Mortgage Loan In The US?

Latinos or those with hispanic origins have trouble landing a mortgage loan in the US because, first, most of them are unbanked or underbanked. Second, when they are included in this group, they tend to be left out of traditional credit scoring models used to underwrite mortgages.

Costs to Expect When Selling Your Home to Move Up

Selling a house can cost more than most home sellers actually anticipate. From real estate agent fees, solicitor fees to valuation fees, make sure you know all of them before making the decision of selling.

Advantages of Going Thru Mortgage Lenders

Some people would want to do their own thing in terms of finding a good mortgage deal. But there are a lot of advantages of sifting through different Mortgage Lenders in search for a great deal.

Mortgage Rates Increased, Says Freddie Mac Survey

Mortgage rates slightly increased this week according to the recent Freddie Mac survey. According to the recent Freddie Mac survey of lenders published on Thursday, mortgage rates increased slightly, the Los Angeles Times reported.

US Mortgage Rate Goes Down, Still Within Historic Lows

The current average mortgage rates slip a bit from last week, and remain below 4.0 % despite the onset of the spring selling season.

Spring 2015: Home Buyers Should Take Advantage of Low Mortgage, Says Economist

The real estate market across the country bristled with reinvigorated sense of energy brought about by the coming season. They are taking advantage of the more aggressive spring home buyers this 2015. And, almost on cue, the home sale for newly built house and re-sales have gone up recently as reported by the Realtor.com.