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 13th 2012 11:59AM
WASHINGTON -- The average rate on the 30-year fixed mortgage dropped near its all-time low this week, making homebuying and refinancing a bargain for those who can qualify. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan fell to 3.88 percent from 3.98 percent. That's just above the rate of 3.87... Continue Reading »
Dec 23rd 2011 11:10AM
WASHINGTON -- The average rate on the 30-year fixed mortgage fell to a record 3.91 percent this week, the third time this year that rates have hit new lows. Freddie Mac said Thursday that the average on the 30-year home loan fell from 3.94 percent the previous week. The 3.91 percent rate is the lowest average for... Continue Reading »
Sep 7th 2011 3:10PM
Despite record low mortgage rates, mortgage applications fell 4.9 percent for the week ending Sept. 2, according to an industry trade group. The Mortgage Bankers Association said Wednesday that its market composite index -- a measure of mortgage loan application volume -- fell 4.9 percent on a seasonally adjusted basis... Continue Reading »
