May 18th 2012 10:00AM
WASHINGTON -- Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made homebuying and refinancing more affordable than ever for those who can qualify. Mortgage buyer Freddie Mac says the rate on the 30-year loan dipped to 3.79 percent. That's... Continue Reading »
May 9th 2012 2:00PM
NEW YORK -- With mortgage rates setting record lows, refinancing has an obvious appeal to any homeowner who passed up earlier opportunities. In fact, refinancing could make sense even for those who got their current mortgage as recently as a year ago. Today, the 30-year fixed-rate loan charges a mere 4 percent, according... Continue Reading »
May 3rd 2012 2:50PM
By Martin Crutsinger WASHINGTON -- Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week, offering more incentive for Americans to buy or refinance homes. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan fell to 3.84 percent, the lowest since long-term... Continue Reading »
Apr 5th 2012 12:20PM
WASHINGTON -- The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home-buying and refinancing stayed near record lows. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan fell slightly to 3.98 percent from 3.99 percent last week. In February, the rate... Continue Reading »
Mar 22nd 2012 6:00PM
WASHINGTON -- The average U.S. rate on a 30-year fixed mortgage rose above 4 percent for the first time in five months. The sharp increase suggests the window to buy or refinance a home at historically low rates is closing. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan jumped to 4.08 percent,... Continue Reading »
