Featured News Headlines
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Tight Supply Restrains Home Sales
May 23, 2013Existing home sales were up slightly in April, but still remained stubbornly below the 5 million annual sales rate that typically is seen as the threshold of a healthy housing market.
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Rising Rates Put Chill On Refinancing
May 22, 2013Refinance demand is down sharply over the past two weeks, after mortgage rates headed back up following their latest flirtation with all-time lows.
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Home Prices Maintain Strong Pace
May 21, 2013U.S. home values in April posted their sixth consecutive month of annual price increases of 5 percent or better, the longest such streak since the height of the housing bubble in 2006, the real estate data firm Zillow reported this week.
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NAR: Easier Credit Could Boost Home Sales 15-20 Percent
May 20, 2013Home sales could increase 15-20 percent above what they currently are if mortgage lenders would return to more traditional credit standards, according to one leading authority on the housing market.
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Mortgage Rates Climb for Second Week
May 16, 2013Mortgage rates are up for a second straight week, with both 30- and 15-year fixed-rate loans posting significant increases following indications of stronger consumer spending.
National Rates
| Loan Type | Today | +/- |
|---|---|---|
| 30 yr fixed | 3.84 |
|
| 15 yr fixed | 3.09 |
|
| 5/1 ARM | 2.66 |
|
Rates may contain points
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