Zacks Equity Research company has revealed some sobering information about the state of the mortgage industry:
Read More...Zacks Equity Research company has revealed some sobering information about the state of the mortgage industry:
Read More...According to the Lending Tree’s “weekly mortgage rate pulse,” the lowest 30-year fixed mortgage rate available within the LendingTree network of lenders stands at 4.75% (4.88% APR).
Read More...California mortgage rates vary by city and of course they fluctuate with the interest rate. What can you hope to pay on a $250,000 30 year fixed mortgage in California? Here are a few sample quotes … AimLoan.com $1175.59 Monthly Payment – 4.082% APR – 1.676% Points Clarion Mortgage $1175.59 Monthly Payment – 4.085% APR […]
Read More...This week mortgage company Freddie Mac reported that national mortgage rates fell to the lowest level on record. The average rate for 30-year fixed mortgages dropped to 4.69%, the lowest rate since 1971 when tracking started. Rates for 15-year loans fell to an average of 4.13% and five-year adjustable rate mortgages also hit lows of […]
Read More...With the lowest mortgage rates in decades making the news, the Mortgage Bankers Association reported that applicants for home loans rose last week by nearly 7% from a week earlier. Home loan refinancing applications rose 9.2% to see their highest levels since May 2009, doubtless due to the lowest 30-year fixed rate seen since Freddie […]
Read More...Banks are in trouble. As you know, the FDIC identifies banks in danger of failing, and has over 700 banks on its problem list. So far this year, over 80 banks have failed. People usually don’t worry about their bank deposits because of the FDIC guarantees on savings accounts up to $250,000, but they still […]
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