Personal Finance

Mortgage rates set new record lows, might hold steady next week

Treasury bond yields, which influence the home-loan rates, have surged since Tuesday. Mortgage rates fell for the 10th time in 11 weeks, setting fresh record lows, Freddie Mac reported Thursday.


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…


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…


Mortgage interest rates set record lows

WASHINGTON, Sept. 2 — Average interest rates for long-term mortgages set record lows in the week ending Sept. 2, the U.S


Mortgage interest rates set record lows

WASHINGTON, Sept.


Fitch Releases Report on Home Loan Services, Inc.

NEW YORK—-Fitch Ratings has published a report on Home Loan Services, Inc.


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.


Mortgage rates still heading south

Mortgage interest rates have fallen for the 10th time in the last 11 weeks, according to Freddie Mac’s report on what lenders are offering to borrowers with solid credit and 20% down payments or home equity. Freddie Mac’s weekly survey…


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 record low: Freddie Mac

U.S. mortgage rates fell in the past week to the latest in a series of record lows as yields on government debt dropped, according to a survey released on Thursday by Freddie Mac, the second-largest U.S