Barclays Settles US Lawsuit for $2 Billion

The British multinational investment bank and financial services company, Barclays has agreed to settle a lawsuit for $2 billion (£1.42) with the U.S. Department of Justice (DOJ) related to the sale of residential mortgage-backed securities (RMBS). The Brittish bank...

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Current Mortgage Rates for Tuesday March 27, 2018

Current Mortgage Rates for Tuesday March 27, 2018

Current mortgage rates for this Tuesday afternoon are mostly holding steady. The national average for the 30 year fixed mortgage is 4.45% and the average rate for the 15-year mortgage is 3.91%. Rates for the 5-year adjustable-rate mortgage (ARM) are at 3.68% and 1...

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Current Mortgage Rates for Thursday March 22, 2018

Current Mortgage Rates for Thursday March 22, 2018

Mortgage rates remain steady for the week ending March 22, 2018, after increasing the previous week for the first time in 2018, according to the latest Freddie Mac report. Freddie Mac reported the 30 year fixed mortgage average was 4.45% with an average 0.5 point,...

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New 2018 FHA Loan Limits

New 2018 FHA Loan Limits

There is good news for mortgage shoppers. The new FHA loan limits were released in December 2017 by The Department Housing and Urban Development (HUD) showing that in 2018 they have raised limits in many metro areas across the nation. FHA mortgages are very popular...

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Current Mortgage Rates for Wednesday January 3, 2018

Current Mortgage Rates for Wednesday January 3, 2018

Today's mortgage rates at some of the nation's top lenders are on the rise from yesterday's report. The current national average for the 30 year fixed mortgage is 3.99% and the 15-year mortgage is 3.44%. The 5-year adjustable-rate mortgage (ARM) average is 3.47% and 1...

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Mortgage Applications Decrease Over the Past Two Weeks

Mortgage Applications Decrease Over the Past Two Weeks

The Mortgage Bankers Association (MBA) said today that mortgage applications decreased over the past two weeks. Applications were down by 2.8% for the week ending December 29, 2017, which include adjustments for the Christmas holiday. The Index decreased 42% on an...

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