Diane Alter – Fourth Estate Cooperative Reporter Arlington, Va., United States (4E) – For the first time in seven weeks, the average rates on fixed mortgages rose. However, rates are still near historic lows. Mortgage giant Freddie Mac reported Thursday that the average rate on a 30-year loan ticked up to 3.71 percent. That is [...]
Posts Tagged ‘Mortgage’
Mortgage rates slip for sixth straight week
June 11th, 2012
davidguide Diane Alter – Fourth Estate Cooperative Reporter Arlington, Va., United States (4E) – Mortgage rates have slipped for the sixth consecutive week, hitting all-time record lows in the wake of weak economic and jobs data. According to a report released Thursday by Freddie Mac, the average rate on a 15-year fixed loan dropped to 2.94 [...]
Mortgage rates fall to record low
May 4th, 2012
davidguide Diane Alter – AHN News Reporter Arlington, VA, United States (AHN) – Mortgage rates in the U.S. have fallen to a record low-again. The average rate for 30-year fixed loan slipped to 3.84 percent for the week ending May 3, down from 3.88 percent in theor week. It is the lowest ever for the 30-year [...]
Mortgage rates fall to record low
May 4th, 2012
davidguide Diane Alter – AHN News Reporter Arlington, VA, United States (AHN) – Mortgage rates in the U.S. have fallen to a record low-again. The average rate for 30-year fixed loan slipped to 3.84 percent for the week ending May 3, down from 3.88 percent in theor week. It is the lowest ever for the 30-year [...]
Fed leaves rates steady
April 26th, 2012
davidguide Diane Alter – AHN News Reporter Washington, D.C., United States (AHN) – The Federal Reserve, as widely expected, left interest rates unchanged at a meeting of its policy meeting Wednesday, and it reiterated the central bank’s stance of keeping rates at “exceptionally low levels if needed” through late 2014. The Fed also maintained it will [...]
What Do Republican Presidential Candidates Say on Foreclosure Crisis? Not Much.
March 3rd, 2012
davidguide ProPublica Staff Washington, DC, United States (ProPublica) – by Lois Beckett As we’ve detailed, President Obama’s plans to help homeowners have come up short time and again. We recently looked at Obama’s latest proposals, most of which are unlikely to make a major dent in the crisis. So, how about the Republican presidential candidates: What [...]
Mortgage rates fall to new lows
January 13th, 2012
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – If it sounds like you have heard this before you are right. Mortgage rates have fallen once again to a record low. On Thursday, mortgage giant Freddie Mac reported the average rate on 30-year fixed mortgages fell to 3.89 percent in the [...]
Mortgage rates fall to historic lows once again
December 24th, 2011
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – How low can they go? That is the question many people are asking after the average rate on 30-year fixed mortgages hit new lows again for the week ending Dec. 22. The average rate on 30-year fixed mortgages fell to a record [...]
Fixed mortgage rates stay low
December 12th, 2011
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The average rate on the 30-year fixed mortgage stayed near its record low for the sixth consecutive week. But, the historically low rates have done little to goose the ailing housing market. On Thursday, mortgage giant Freddie Mac said the rate on [...]
Fannie Mae says it needs $7.8 billion in U.S. aid
November 10th, 2011
davidguide Diane Alter – AHN News Reporter Washington, D.C., United States (AHN) – First Freddie, now Fannie. Fannie Mae, the Washington based mortgage finance company, reported a wider loss in the third quarter on Tuesday and said it needs $7.8 billion more in U.S. assistance. Fannie posted a net loss of $5.1 billion in the third [...]
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