Posts with tag 30-year fixed

When moving back to a place near her hometown of Chicago, 29-year-old veterinarian Katherine Hillebrand considered her finances and lifestyle when she began to think about selecting the right mortgage product for her new three-bedroom condo. With her career and family close by, Katherine knew she would be in the same... Continue Reading »

Bracing for higher mortgage rates? Well, relax. Looks like rates will rise much more slowly than anyone anticipated. Number crunchers now predict that interest rates for 30-year, fixed-rate home loans will average 5.6 percent in the fourth quarter of this year, according to Freddie Mac's latest Economic and Housing... Continue Reading »

The epic drama of Wall Street bailouts and Main Street foreclosures riveted the nation in 2009. Meanwhile, financial industry groups and Washington policy advocates have been prepping for the big story of 2010: The fight over the future of Fannie Mae and Freddie Mac -- and with them, the fate of the 30-year, fixed rate... Continue Reading »