Investing
30-year mortgage rate falls to 4.32%
CHICAGO — Mortgage rates dropped to a record low, the 11th straight week of matching or setting a new low, reducing borrowing costs for home buyers as demand slumps. Mortgage – Financial Services – Business – United States – Loan
Mortgage Applications Increase as Rates Hit New Low
RISMEDIA, September 3, 2010—The Mortgage Bankers Association today released its Weekly Mortgage Applications Survey for the week ending August 27, 2010. The Market Composite Index, a measure of mortgage loan application volume, increased 2.7% on a seasonally adjusted basis…
6 ways to come up with a down payment on a home
The current economic crisis has made getting a home loan a lot more difficult. Credit has tightened, and banks are requiring that potential homebuyers put more skin in the game. One of the ways that banks are doing this is by requiring larger down payments from home buyers.
6 ways to come up with a down payment on a home
The current economic crisis has made getting a home loan a lot more difficult. Credit has tightened, and banks are requiring that potential homebuyers put more skin in the game. One of the ways that banks are doing this is by requiring larger down payments from home buyers.
Looking for home sales to increase? Don’t hold your breath
Last week’s news that July home sales were in the tank sent the Dow Jones industrial average below the 10,000 benchmark over worries the economy is heading toward the second plunge of a double-dip recession. Don’t expect the sales numbers…
Mortgage rates hit decades-low of 4.32 percent
Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy.
Mortgage applications rise 2.7 percent amid low rates
Mortgage applications rose 2.7percent last week as more borrowerstook advantage of the lowest rates indecades to reduce their monthly loanpayments, the Mortgage Bankers Associationsaid Wednesday.
The 15-Year Home Loan Rises in Popularity
The interest rate for 15-year loans is astonishingly low — about 3.86 percent on average, according to a survey of rates taken last week. A 15-year loan usually contains a lower rate than a 20- or 30-year loan.
The 15-Year Home Loan Rises in Popularity
The interest rate for 15-year loans is astonishingly low — about 3.86 percent on average, according to a survey of rates taken last week. A 15-year loan usually contains a lower rate than a 20- or 30-year loan.
Loan approvals stumble in July
KUALA LUMPUR, Sept 2 — Loan approvals grew at their slowest pace in 10 months in July while loan disbursements contracted for the first time, signalling a possible peak in credit demand, said a report on monetary trends by CIMB. “The weak loan approvals and disbursements may presage the losing of loan growth momentum in coming months,” said CIMB …
