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Tag Archives: mortgage rates

Mortgage Applications Grow by 18 Percent in Week

Applications for mortgages jumped 18 percent in the last week, according to a survey of data by the Mortgage Bankers Association. The weekly Market Composite Index reached its highest level since May 2009. Applications for refinancing were up by 19 … Continue reading

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Percentage of Freddie, Fannie Delinquent Loans Drops

The percentage of “seriously delinquent” home loans insured by Fannie Mae and Freddie Mac fell in March, and both were well below 2011 levels. As summarized at the Calculated Risk blog, Fannie Mae reported that seriously delinquent loans – defined … Continue reading

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Mortgage Rates Drop to Lowest Levels Ever

Mortgage rates reached another record low this week, according to a new report. The Primary Mortgage Market Survey showed that three of the four major rates it tracks in its weekly survey were at their lowest point ever. The average … Continue reading

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Demand, Demographics Drive Mortgage Rates Nationwide

Average home loans across the nation vary widely, from $677,299 in Hawaii to $13,192 in Mississippi, according to a new survey. The LendingTree list of average closed home loans in 2011 for each of the 50 states and the District … Continue reading

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Fixed-Rate Mortgages Reach Lowest Level on Record

Mortgage rates tracked by Freddie Mac have dropped to the lowest point in the 40 years it has been tracking the numbers. Across the nation, the average interest rate for a conventional 30-year mortgage rate was 4.01 percent this week, … Continue reading

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Mortgage Interest Rates Drop to Record Lows

Rates for 30-year home mortgages in a national survey dropped to record lows this week, sinking below 4 percent for the second time in a month. The Zillow Mortgage Marketplace rate declined to 3.92 percent, down from 4.07 percent last … Continue reading

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Index of Pending Home Sales Goes Up

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Existing-Home Mortgage Rates Drop in June

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