A lot has been made of recent changes to FHA guidelines. FHA announced higher down payment requirements for low FICO scores. This is a move that’s probably long over due. Mathematically it didn’t…
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Mortgage Interest Rates Today: 30 Year Fixed Mortgage Rates Hold Below 5%, FHA Rates Down Also.
Prices of mortgage-backed securities rallied late this week pushing mortgage rates which move opposite down. Mortgage interest rates had been on a 6 week rise before this weeks reversal. 30 year…
Mortgage Rates: Score Low Mortgage Rates Online
Source: Informa Research Services The Wall Street Journal recently reported that while retail sales remained relatively flat this year, online sales grew 4% since 2008 stating “price and…
Mortgage Rates Today: 30 Year Fixed Mortgage Rates Up .50% From All Time Low. Also FHA Loan Update.
It was a month ago when conforming 30 year fixed mortgage rates dipped to 4.5% at par, the lowest level ever. Freddie Mac who’s been tracking average 30 year fixed mortgage rates since the seventies…
Mortgage Rates: Mortgage Averages Up Slightly from Last Week
Source: Informa Research Services – After weeks of floating closer and closer to 5 percent, the national average rate on a 30-year fixed conforming mortgage increased slightly this week from 5.06%…
Mortgage Interest Rates Today: 30 Year Fixed Interest Rates Now at 5%
For the first time in months it takes a buy down, also known as discount points, to get a 30 year fixed rate under 5%. Mortgage interest rates have spiked in the past few weeks as mortgage-backed…
BREAKING: Mortgage Interest Rates Up Over 5% – Current Interest Rates Pressured by Positive Economic Data
Today’s mortgage interest rates are now above 5% for the first time in 3 months. Mortgage interest rates had gradually declined to all time record lows over a 4 month period bottoming out less than a…
Mortgage Refinance: Low Mortgage Refinance Rates Lead to 75% of Mortgage Apps Being Refinance
The numbers are out and according to the Mortgage Bankers Association 75% of mortgage applications in the first 2 weeks of December were for mortgage refinance. Low mortgage refinance rates have…
FHA Mortgage Rates: FHA 30 Yr-Fixed Mortgage Rate at 5% and Climbing
FHA mortgage rates have ridden the wave over the past few weeks dipping to record lows before climbing in the past 2 weeks. The FHA 30 year fixed rate dipped as low as 4.5% almost 3 weeks ago…
Mortgage Interest Rates: Current Interest Rates on the Rise – 30 Year Fixed, FHA, Jumbo Updates
Prices of Mortgage Backed Securities which drive mortgage interest rates are up so far today. MBS prices move mortgage rates in the opposite direction. There’s no major economic data to be released…