Get widgets
Print
Facebook
RSSAll Articles
The New Obama Refinance Plan
The White House has made available details of its newest proposal to help underwater homeowners refinance their mortgages to lower interest rates. Will you be able to qualify? Read More» |
Half of Mortgage Refis are Cash-In
Nearly one-half of homeowners who refinanced their mortgages late last year did so by paying down part of their mortgage balance at the same time. Read More» |
HARP Refis 10 Percent of Total
Demand for mortgage refinancing eased slightly last week, after the Federal Reserve indicated it would seek to keep interest rates low for the next three years. Read More» |
HAMP Expanded to Rentals, 2nd Liens
Owners of rental properties and homeowners burdened by secondary expenses are now eligible for mortgage relief under a new expansion of the Home Affordable Modification Program (HAMP). Read More» |
Bad Sign for Home Prices?
U.S. home prices edged downward in November, dropping 1.7 percent from October’s level, according to the latest Standard & Poor’s/Case-Shiller Home Price Indices, released today. Read More» |
Should You Buy a Foreclosure?
Should you buy a foreclosed home? The savings can be huge, but so can the hassles and pitfalls. Here are a few tips for first-time foreclosure buyers to make sure the experience is a rewarding one. Read More» |
Did Freddie Bet Against Refinancing?
Investments made by Freddie Mac would appear to give the mega-lender an incentive not to refinance high-interest mortgages for borrowers, according to a new report. Read More» |
Two More Years of 4% Mortgage Rates?
The Federal Reserve announced this week that it does not plan to raise interest rates until 2014 at the earliest. Does this mean you can expect another two years of 4 percent mortgage rates? Read More» |
2011 Record Low for New Home Sales
New home sales had their worst year on record in 2011, with the estimate of 302,000 single-family homes the lowest reported annual total since the Census Bureau started tracking the data in 1963. Read More» |
Calif. AG Rejects Mortgage Settlement
A settlement that could produce up to $25 billion in mortgage relief for homeowners is in doubt after it was rejected by the California attorney general, who said the proposed deal doesn’t go far enough. Read More» |
Mortgage Rates Show Modest Rise
Mortgage rates headed upward this week, ending a three-week stretch of all-time lows for 30-year fixed-rate loans. Read More» |
Using Gift Money for a Down Payment
Can a family member help you come up with the down payment for a mortgage? If so, are there any limits on how much they can provide or other restrictions? Read More» |
Cheapest Home Have Happiest Owners
People who paid the least for their homes are most satisfied with home ownership, while those who buy very expensive homes are the most disgruntled, or so it would seem. Read More» |
Details Hazy on Obama Refi Plan
A program to help homeowners save $3,000 a year by clearing away obstacles to refinancing was proposed by President Obama in last night’s State of the Union address. What isn’t clear is how that plan might work. Read More» |
FHFA: Writedowns Would Cost $100B
Writing down the principal on underwater mortgages, a move advocated as a way to stabilize the housing market, would cost Fannie Mae and Freddie Mac nearly $100 billion, according to an analysis by the Federal Housing Finance... Read More» |
National Rates
| Loan Type | Today | +/- |
|---|---|---|
| 30 yr fixed | 3.83 | |
| 15 yr fixed | 3.14 | |
| 5/1 ARM | 2.78 |
Rates may contain points