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Mortgage News & Articles

Current Mortgage Rates for Thursday May 28, 2015

Current mortgage rates at the nation's top lenders for this Thursday are mostly stable. Some lenders reporting loan programs that were on the way down which are noted below. Freddie Mac said today that the national average for fixed mortgage rates over the past week... read more

Freddie Mac: Mortgage Rates Reach 2015 High

(Source: Freddie Mac) MCLEAN, VA -  Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving higher amid positive housing data and pushing fixed mortgage rates to their highest... read more

Mortgage Rates for Wednesday May 27, 2015

Mortgage rates this Tuesday at the nation's top lenders are mostly stable, with some lenders lowering rates on various loan programs. The national average for the 30-year mortgage is 3.84%, and the 15-year fixed mortgage average is 3.05%. The average for the 5-year... read more

Mortgage Applications Decrease in Latest MBA Weekly Survey

(Source: MBA) WASHINGTON, D.C. - Mortgage applications decreased 1.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 22, 2015. The Market Composite Index, a... read more

Current Mortgage Rates for Tuesday May 26, 2015

Current mortgage rates from the nation’s top lenders for this Monday remain mostly stable with a few lenders lowering rates on select loan programs. The national average over all this past week has been pretty much flat with rates going both slightly up and down. Bank... read more

New-Home Sales Rise 6.8% in April

(SOURCE: NAHB) WASHINGTON, May 26 - Sales of newly built, single-family homes rose 6.8 percent to a seasonally adjusted annual rate of 517,000 units in April, according to newly released data from HUD and the U.S. Census Bureau. "Sales are moving forward and our... read more

Mortgage Rate Report for Friday May 22, 2015

Current mortgage rates at the nation's top lenders are mostly mixed. This week is ending with mortgage rates remaining mostly stable with a slight upward trend on some loan programs. Freddie reported yesterday that rates for the 30-year mortgage were down a bit to... read more

Foreclosure Starts Down 22 Percent

Foreclosure Starts Down 22 Percent; Slight Seasonal Increase in Delinquencies Foreclosure starts drop by 22 percent in April; down 7 percent from one year ago Slight seasonal increase in April delinquencies pushes national rate up to 4.77 percent Prepayment rates up... read more


 

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