Tag Archives: rates

Lower Rates Drive a Refinancing Rush

As mortgage rates continue to fall, many home owners are scoring monthly savings by refinancing their mortgages, according to the Mortgage Bankers Association’s latest mortgage...

Mortgage Rates Up, But Remain Below 4%

After four weeks of decreases, the 30-year fixed-rate mortgage inched up slightly this week, but stayed near yearly lows under  4 percent, Freddie Mac reported in its weekly mortgage...

Fannie Predicts Cheap Rates to Remain

Mortgage financing giant Fannie Mae dropped its mortgage rate forecast for next year about two-tenths of a percentage points from its prior forecast, projecting 30-year fixed rates...

Fed Stimulus Over: What About Interest Rates?

The Federal Reserve has ended its bond-purchasing program, known as “quantitative easing,” saying it is confident in the economic recovery. All Eyes on Interest Rates Life...

Rates Haven’t Been This Low Since 2013

The 30-year fixed-rate mortgage took another dip this week, staying below the 4 percent threshold and keeping borrowing costs at the lowest rate in more than a year. It marks the fifth...

Mortgage Rates Hold at Yearly Low This Week

The 30-year fixed-rate mortgage is heading into the holiday weekend at its yearly low, giving home shoppers and home owners another opportunity to snag the lowest rate of the year,...

Lower Rates Give Loan Demand Slight Boost

After several weeks of drops in interest rates, mortgage applications finally got a modest lift as refinancers and home buyers took advantage of the dip — albeit still at an anemic...

Did Expanded Jobless Benefits Lead to Lower Foreclosure Rates?

A new study suggests that about 1.4 million foreclosures between 2008 and 2012 were prevented because the expansion of unemployment insurance benefits cut the likelihood of mortgage...

Lower Rates Aren’t Lifting Loan Demand

Lower mortgage rates in recent weeks aren’t triggering a pickup in mortgage applications. For the fifth time in the past six weeks, mortgage applications dropped nationwide,...

It’s 2014 — Why Aren’t Mortgage Rates Higher?

Economists have predicted that mortgage rates will rise in 2014, but so far, nothing’s happening. For the past month, mortgage rates have mostly stayed flat or moved lower, with...