Mortgage Rates Fall Again, Now VERY Low
Freddie Mac’s Primary Mortgage Market Survey showed that the 30-year fixed-rate mortgage (FRM) averaged 5.53% with an average 0.7 point for the week ending December 3, 2008, down from the...
continue readingMortgage Rates Continue Historic Fall
This graph show it all. Mortgage rates are slamming downward past the historic lows already posted this past September. The fixed-rate 30 year mortgage is hovering around 5.41% and the...
continue readingMortgage Rates Absolutely Plunge
In what was the largest 1 day drop in more than seven years, the average mortgage rate for a 30-year fixed mortgage fell to about 5.50% last night after starting...
continue readingFannie Mae and Freddic Mac Suspend Foreclosures
Well, here's some semi-encouraging news for those who are close to eviction:"The two mortgage giants (Fannie Mae and Freddic Mac) have issued a notice to its loan servicing organizations and...
continue readingMortgage Rates Continue to Soften
Freddie Mac reports a drop in the 30-year fixed mortgage rate to 6.04% during the week ended Nov. 20 from 6.14% the prior week. During the same period, interest on...
continue readingMortgage Rates Drop, Again
Freddie Mac reports that the (average national) 30-year fixed mortgage rate dropped to 6.14% during the week ended Nov. 13 from 6.20% the prior week, marking the second consecutive weekly...
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