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Refinance & Mortgage RatesMay 25, 2012

Loan Type Today +/- Last Week
15 yr fixed 3.00 - 3.00
30 yr fixed 3.69 3.67
5/1 ARM 2.75 2.71

Rates may contain points

Mortgage News Headlines

Feature Stories

Understanding Mortgage Rates

May 19, 2012

Everyone wants to get the lowest mortgage rate they can when buying a home or refinancing their current home loan. But chasing after the lowest rate can be a sucker’s game.

Underwater refinance without HARP?

May 14, 2012

A lot of homeowners with underwater mortgages would like to refinance, but they don’t qualify for HARP (the federal Home Affordable Refinance Program). Do they have other options? 

Credit Scores and Mortgage Approvals

May 02, 2012

What kind of credit score do you need to qualify for a mortgage? A new survey of bank executives by the Federal Reserve provides some answers. 

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