Mortgage Rates Continue to Linger Near 2014 Lows

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Mortgage Rates Continue to Linger Near 2014 Lows Mortgage Rates | Nov 13, 2014 | By: Chrystal Caruthers Fixed rate mortgages are still hovering around 4% this week, after lower-than-expected employment figures caused concern. The average for a 30-year fixed mortgage dropped to 4.01% this week, from 4.02% last week, according to the Freddie Mac Primary Mortgage Market Survey. Mortgage interest rates averaged 4.35% this time last year. “While the …

Closing Costs Fall

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  RESPA changes prove to benefit homebuyers-Stefan     Mortgage Closing Costs Fell 7% for Homebuyers By Les Christie @CNNMoney August 7, 2012: 11:53 AM ET The closing costs of getting a mortgage have dropped. NEW YORK (CNNMoney) — Federal regulations are helping to significantly reduce the amount new homebuyers are paying come closing time. The average cost of closing on a …

Three Year Low for Late Payments

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If these are accurate stats this is really good news.-  Stefan       Late Payments on Mortgages Hit Three-Year Low Published: Wednesday, 8 Aug 2012 | 8:07 AM ET By: AP U.S. homeowners are getting better about keeping up with their mortgage payments, driving the percentage of borrowers who have fallen behind to a three-year low, according to a new …

Mortgage Refi’s Drive Activity

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Refinances will drive apppraisals which will firm up valuations.- Stefan US Mortgage Applications Rose Last Week Published: Wednesday, 1 Aug 2012 | 7:11 AM ET Applications for U.S. home mortgages rose last week as demand for refinancing edged up, though demand for mortgages for purchases dropped, an industry group said on Wednesday. Anthony Bradshaw | Photodisc | Getty Images The Mortgage Bankers …

Mortgage Rates Drop Again

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Rates continue to drop as South Florida homes gain in popularity- Stefan Mortgage rates drop again, Freddie Mac says; 30-year at 3.53% Housing tracts in Aliso Viejo. (Marc Martin / Los Angeles Times ) By E. Scott ReckardJuly 19, 2012, 7:50 a.m. The average rate on a 30-year fixed mortgage hit another new low this week, dropping to 3.53% from 3.56% last week, …