mortgage

Mortgage Rates Trend: 30-Year Fixed Rate Drops to 3.78%

Average long-term mortgage rates in the United States fell this week. According to USA Today, decrease in the rates were almost par with historically low levels during the beginning of the home-buying season for spring.

Mortgage Rates Drop to 3.75 Percent, Freddie Mac Survey Says

New survey shows lower rates available for those who want to buy houses with home loans. Buyers looking for a good deal to acquire their own property may have finally come to a very great time to do so.

Mortgage Rates Racism: Approval Higher for White Than Black & Hispanic Says Study

As if the loan approval game isn’t fraught with long odds enough, a recent Zillow study has shown that race or ethnicity contributes to whether one’s home loan application will be rubber-stamped or not.

Wells Fargo Explains Why Americans Aren’t Buying Homes Right Now

The current housing scenario seems to have steadied. The rate of home price growth is slow, mortgage rates are at their lowest and supply is also picking up. So what is holding Americans from taking the property plunge? Fear apparently!

UK mortgage approvals dip in February, business lending contracts again

British mortgage approvals slowed in February by more than expected, possibly reflecting bad weather during the month, and there was another contraction in business lending.

U.S. mortgage applications fell last week: MBA

Applications for U.S. home mortgages fell last week as interest rates rose to the highest level since January, an industry group said on Wednesday.

Harsh winter and rising prices may hurt U.S. home sales in spring

Emily Hanson would like to buy a house, but she worries that she and her husband may have to move across the country to achieve their goal.

CFPB’s updated mortgage tool will help users explore HMDA more easily

The Consumer Financial Protection Bureau (CFPB) has reportedly launched a new, updated version of its online mortgage tool to help home hunters explore the Home Mortgage Disclosure Act (HMDA) with ease and give them information about credit availability and resources in their area.

U.S. Mortgage Rates Hit a 2-Year-High

The average 30-year fixed mortgage rose this week to 4.51 percent, reaching a two-year high following the anticipation that the Federal Reserve would lower future bond purchases, according to Freddie Mac.

US Home Mortgage Rates Up Slightly

The average rate for a 30-year fixed rate mortgage climbed to 4.01 percent, while the number of applications for purchases dropped by 3 percent, according to the Mortgage Bankers Association (MBA) which publishes the results of a weekly applications survey on Thursday.

Mortgage Rates Fall to Record Low

The average rate on a 30-year fixed mortgage fell to 3.4 percent in the week ended April 25, according to Freddie Mac's weekly survey released Thursday, making refinancing and home-buying more attractive to those who can qualify.

Fixed-Rate Mortgages on New Rising Spree

While remaining close to its historic lows, the average rate on fixed mortgages increased this week, Freddie Mac announced Thursday.

Mortgage Lending Capacity Lag Slows Housing Recovery

Though things are certainly improving, the housing market is not out of the woods quite yet. And the fact that there aren't enough homes to buy is not everything.

Mortgage Rates Remain Steady and Low

Rising mortgage rates are slumping after a pike in December, which was the strongest since the 2008 financial crisis hit. Mortgage buyers credit the fall to more mortgage choices for first-time buyers and a boost in lender confidence.
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