Fixed Mortgage Rates Hold Just Above Record Lows
Average fixed mortgage rates are down slightly this week, hovering just above their record lows, according to Freddie Mac.
The 30-year fixed-rate mortgage averaged 3.88 percent this week. It has been below 4 percent ...
Home Values Hitting Bottom in 19 Markets: Zillow
Home values in the United States rose 0.5 percent from February to March, which may not sound like much but represents the largest monthly increase since May 2006, according to Zillow’s first quarter market ...
Boehner: Cut ‘Obamacare’ to Stop Student Loan Rate Hike
Speaker John Boehner said the House will vote Friday on a bill to extend the lowered rate on federally subsidized Stafford loans, but the proposal left a taste of political one-upmanship.
The $5.9 billion Republican ...
Fed: Moderate U.S. Growth, Near-Zero Rate Holds Thru 2014
The Federal Reserve’s policy-setting committee said today it expects U.S. economic growth to remain moderate over coming quarters and then to pick up gradually.
Following its two-day meeting, the Fed’s Federal ...
Mortgage Applications Ease Despite Record Low Rates
Despite the lowest contract interest rates recorded by the Mortgage Bankers Association, applications for home loans decreased last week compared to the previous week.
The Market Composite Index, a measure of mortgage ...
Obama to Congress: Stop Doubling of Student Loan Rates
President Obama will travel to North Carolina, Colorado and Iowa next week in a campaign to convince Congress to prevent interest rates on federally-subsidized student loans from doubling in July.
Subsidized Stafford ...
Average Rate on Credit Card Offers Holds at 14.91%
The average annual percentage rate (APR) on new credit card offers was unchanged this week at 14.91 percent from the previous week, according to the CreditCards.com.
The average is composed of 100 of the most popular ...
Fixed-Rate Mortgages Up Slightly; 5-Year ARM Sets New Low
Average fixed mortgage rates edged higher this week as signs indicate inflation remains stable, according to Freddie Mac.
Meanwhile, the average 5-year ARM hit a new all-time low of 2.78 percent, from its previously ...
HARP ReFi Program Fuels Surge in Mortgage Applications
A refinancing surge spurred an increase of 6.9 percent in overall mortgage applications compared to a week earlier, according to data from the Mortgage Bankers Association for the week ending April 13, 2012.
A revisiting ...
Chase Ink Pushes Down Average Card Rate to 14.91%
The average annual percentage rate of the most popular credit cards dropped this week to 14.91 percent, from 14.96 percent last week, according to the CreditCards.com.
This marks the sixth time this year that rates ...




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