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Tag Archives: Rates

Mortgage Rates Stay Low Helping to Keep Housing Affordability High

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates largely unchanged and near their record lows helping to keep housing affordability high for those borrowers who are in … … Read more

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Adjustable Mortgage Rates Hit Record Lows

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates changing little and remaining near their historic lows while adjustable-rate mortgages averaged new record lows. The 30-year fixed has… RISMedia … Read more

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As Mortgage Rates Dip Lower, Homeowners Should Consider Refinancing

Rates were already low at the start of the quarter, but following the Fed’s announcement last week, the national average rate on a traditional 30 year fixed rate mortgage has inched lower. Informa Research Services, a subsidiary of Informa plc… … Read more

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Mortgage Rates Again Fall to Record Lows

Mortgage rates fell once again, to the lowest point on record, according to mortgage rate research website, ForTheBestRate.com. Rates for a 30 year fixed rate mortgage were advertised as low as 3.875% (APR: 4.040%, Lender: LoanDepot) on Thursday, September 8th.… … Read more

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How Do Property Tax Rates Work?

RISMEDIA, March 28, 2011—It’s that time of year again, and some of you should be expecting your property tax bill for the first half of 2011. If that’s the case, then you’ll probably be wondering just how the government calculates… … Read more

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Refinancings Soar as Mortgage Rates Remain Low

RISMEDIA, September 3, 2010—(MCT)—For anyone under the age of 57, mortgage rates are now the lowest they’ve been during your life. This fact isn’t lost on a growing number of homeowners who have started a new wave of refinancings. The … Read more

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Mortgage Rates Hit New Low, Are Buyers Responding?

RISMEDIA, August 3, 2010—(MCT)—The 4.5% fixed-rate mortgage is here, although more than 14 months late. That magic number, or a close approximation, was reached recently, when Freddie Mac reported a 30-year rate of 4.54%. The possibility first arose in early … Read more

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Low Mortgage Rates Draw Buyers, but Banks Throw Up Roadblocks

RISMEDIA, July 26, 2010—(MCT)—David Kosowski has a full-time job, a sky-high credit score, a solid debt-to-income ratio and enough cash stashed away to put a 20% down payment on the three-bedroom, two-bath home he’s had his eye on since spring. … Read more

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Low Mortgage Rates Not Enough to Lure Potential Home Buyers

RISMEDIA, June 28, 2010—(MCT)—Mortgage rates have tumbled to record lows, but high unemployment and job jitters by still-working Americans mean the milestone is unlikely to attract enough borrowers to boost the unsteady housing market, economic and real estate professionals say. … Read more

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