According to mortgage giant, Freddie Mac, mortgage rates on a 30 year fixed rate mortgage dropped last week to 3.55% from 3.59% the week before. The lowest rates seen since in 1950s were seen only six weeks ago and have been rising steadily ever since. Although the cheap mortgage rates have aide [Read More]

Rising from 3.55% to 3.59% this week, rates on a 30 year fixed rate mortgage rose slightly this week for the second week in a row, accourding to mortgage giant, Freddie Mac. Although the rates are only slightly above historic lows, the cheap mortgage rates have aided in a modes recovery in the ho [Read More]

According to the National Association of Realtors (NAR), the housing affordability conditions have reached the highest level seen since 1970. When taking into consideration the median home prices, median family income and the average mortgage interest rate, the Housing Affordability Index rose to [Read More]

The average mortgage rate on a 30-year fixed rate mortgage rose slightly this week to 4.22%, from a 30 year record low of 4.15% the week before, according to mortgage giant, Freddie Mac. Average rates on a 15-year fixed rate mortgage, a popular choice for refinancers, also inched up this week to 3.4 [Read More]

Mortgage rates on a 30-year fixed rate mortgage dropped to the lowest rate seen in 30 years, according to mortgage giant, Freddie Mac. Dropping to 4.15% from 4.32% in a weekly comparison, the rates have not been lower since the 1950's when typical long term home loans were only 20 or 25 years.Rates [Read More]

Mortgage rates on a 30-year fixed rate mortgage dropped this week from 4.39% to 4.32% in an weekly comparison, according to mortgage giant, Freddie Mac. The average rate on a 15-year fixed rate mortgage also dropped this week to a record low of 3.50%, from 3.54% the week before.Mortgage rates tend t [Read More]

Rates on a 30 year fixed rate mortgage showed little change this week even during the Government stall in regards to raising the debt ceiling. The rates showed a slight incline from 4.52% to 4.55% in a weekly comparison, according to mortgage giant, Freddie Mac. Rates on a 15-year mortgage, popular [Read More]

Mortgage rates on a 30-year fixed rate mortgage fell again in a weekly comparison from 4.60% to 4.51% this week, according to mortgage giant, Freddie Mac.Mortgage rates tend to follow the track of long term Treasury notes, and as the unemployment rate continues to decline investors have shifted thei [Read More]

The average rate on a 30-year fixed rate mortgage loan jumped from 4.51% to 4.60% this week, according to mortgage giant Freddie Mac. Only three weeks ago the rates dipped to the lowest rate seen this year, coming in at 4.49%.However, low interest rates and home prices that continue to spiral downwa [Read More]

Mortgage rates on a 30-year fixed rate mortgage rose slightly this week after a continuous drop for the last two months, according to Freddie Mac. Rates rose from 4.49% to 4.50% in a weekly comparison; however the low mortgage rates have just not been enough to help the struggling real estate market [Read More]