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Freddie: Mortgage Rates Down Again; 30Yr Fixed At Record 4.36%

Mortgage rates again edged lower the past week, with the average rate on fixed-rate mortgages extending their record lows, according to Freddie Mac's (FMCC) weekly survey of mortgage rates. Rates have fallen in recent months with the prolonged rally in the Treasury market that's been prompted by volatility in stocks. Higher Treasury prices mean lower yields on the debt, and mortgage rates tend to track ...
Posted by Paul Chavez @ 1:52 PM on 08/31/2010
Tags: credit score interest rates buying a home

Survey: Americans Still Eager to Buy

Nearly 25 percent of adults say they plan to purchase a home in the next five years and half of those (53.5 percent) will be first-time home buyers, according to a survey commissioned by Move Inc., operator of Realtor.com.More than 18 percent cite the $8,000 tax credit as a motivating factor. Potential home buyers with higher incomes are more interested in the tax credit than those in lower income ...
Posted by Paul Chavez @ 11:49 AM on 04/07/2009
Tags: Mortgage Rates real estate home values stimulus investing credit score taxes
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