Wed, Mar 25th, 2009
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NEW YORK, March 25, 2009 /PRNewswire-FirstCall via COMTEX/ ----Mortgage rates moved to levels most have never seen, with the average 30-year fixed mortgage rate dropping to 5.19 percent. According to Bankrate.com's weekly national survey, the average 30-year fixed mortgage has an average of 0.42 discount and origination points.
The average 15-year fixed rate mortgage retreated to 4.80 percent and the average jumbo 30-year fixed rate fell to 6.66 percent. Adjustable rate mortgages were lower also, with the average 1-year ARM pulling back to 5.30 percent and the 5/1 ARM slipping to 5.21 percent.
Related stories from top sites:
Obama backs consumer incentives to boost auto sales
Mar 20th, 2009 - Reuters
WASHINGTON, March 30 (Reuters) - President Barack Obamaordered tough steps on Monday to restructure General MotorsCorp (GM.N) and Chrysler LLC but he also offered incentives andother plans to boost sales and reassure consumers.
Iris Martin: Obama's Plan Will Fatally Cripple Taxpayers and the Nation
Mar 20th, 2009 - The Huffington Post
The Obama plan, to create and fund public-private partnerships to buy toxic loans and securitized assets not only will not work, but will be the final blow to a global...
Mortgage Rates as ‘Good as It’s Going to Get,’ Koskinen Says
Mar 20th, 2009 - Bloomberg
March 27 (Bloomberg) -- Mortgage rates are “probably asgood as it’s going to get” and the housing market is likely torebound sooner than some forecasts, Freddie Mac interim ChiefExecutive Officer John A...
30-year fixed-rate mortgage now averaging 4.85%: Freddie Mac
Mar 20th, 2009 - MarketWatch
CHICAGO (MarketWatch) -- The average rate on 30-year fixed-rate mortgages hit a record low this week, after the Federal Reserve announced it would purchase Treasury securities over the next six months...
Bernanke Mortgage Rates Get 4% Handle First Time: Chart of Day
Mar 20th, 2009 - Bloomberg
March 20 (Bloomberg) -- The lowest fixed mortgage rates onrecord may fall further after the Federal Reserve tripled itscommitment to buy securities backed by conventional home loans.
mortgage rates videos from YouTube:
- Today's Mortgage Rates:...Texas Mortgage Info: How your mortgage person structures your loan is more important than the getting a low rate. To get the lowest 30 year or 15 year fixed rate consider avoiding PMI (mortgage ...
- Friday 11/06/09 Free Mortgage...Free Mortgage Rates Update as of the end of Friday, November 6, 2009, from www.ratealertnow.com. Provides a comprehensive look at how mortgage rates and points fell again on Friday after the ...
- Thursday 11/05/09 Free Mortgage...Free Mortgage Rates Update as of the end of Thursday, November 5, 2009, from RateAlertNow.com. Provides a comprehensive look at how mortgage rates and points moved lower on Thursday. Also ...
- Falling Mortgage RatesPotential buyers got some extra motivation on Tuesday when mortgage interest rates dropped another half percent. Priya David reports.
mortgage rates stories from Digg:
Ditech Mortgage Rates: Ditech Refi Rate Sale
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Lowest mortgage rates come in refinancing mortgage as well as first time home buying in the same ways: credit score, cash on hand, low debt, and high down payment.(Business & Finance)
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