Category Archives: Mortgage Rates

Analyst: Housing prices to dip more

A housing analytics company predicts the U.S. housing market will experience a triple dip in prices since the market's peak in 2006.

The U.S. housing market received yet another bleak forecast October 31 from a financial analytics company. Continue reading

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Freddie Mac: Mortgage rates change little

Mortgage rates changed little last week.

Rates for a 30-year fixed-rate mortgage were down 0.01 percentage points for the week ending October 27 from the previous week, Freddie Mac announced. Continue reading

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Mortgage rates stay put

Freddie Mac announced that its weekly mortgage rate survey showed relatively no change from the previous week.

The results of the latest Freddie Mac Primary Mortgage Market Survey, which were released October 20, showed that average rates were relatively unchanged from the previous week. Continue reading

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Mortgage applications decrease

The Mortgage Bankers Association announced that applications for mortgages fell this week.

The Mortgage Bankers Association announced October 19 that mortgage applications dropped 14.9 percent from the previous week ending October 14. Continue reading

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Mortgage rates jump

The economy added more than 100,000 jobs last week, which spurred a jump in mortgage rates.

A recent report from the U.S. Bureau of Labor Statistics showed that despite a steady unemployment rate of 9.1 percent, the economy added 103,000 jobs in September. Continue reading

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Supreme Court to clarify closing costs suits

The U.S. Supreme Court will clarify a case about mortgage lending brought by homeowners in Louisiana.

A group of lawsuits from Louisiana alleged Quicken Loans charged homeowners up to $1,100 in loan-discount fees but didn’t provide reduced interest rates in return, and the clash between the parties is resulting in U.S. Supreme Court intervention. Continue reading

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How to get past the obstacles on the way to refinancing

A high credit score is one of many strict requirements borrowers face when trying to refinance a loan.

Mortgage rates continue to fall to new historic lows, enticing many homeowners to refinance their existing loans to save money. Continue reading

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Experts predict another dip in 2012

Experts predict the economy may see another dip in early 2012.

The Clear Capital First Look into 2012 report suggests the housing market might experience a triple dip recession by spring of next year. Continue reading

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Mortgage rates drop, borrowers line up for refinancing

Mortgage rates continue to drop to record-breaking lows.

Freddie Mac recently released its weekly Primary Mortgage Market Survey that found mortgage rates fell to new record-breaking lows this past week. Continue reading

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Fitch: 1 in 3 borrowers underwater

According to Fitch, one in three homeowners are underwater.

A shaky housing market is resulting in more prime borrowers going further underwater on their mortgages, and one in three now have negative equity, according to a recent Fitch Ratings report. Continue reading

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