WASHINGTON - Oct. 24, 2008 - Rates on 30-year U.S. mortgages dropped sharply this week, falling to the lowest level in five weeks.
Mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.04 percent this week, down from 6.46 percent last week. The sharp decline pushed 30-year rates down to the lowest level since [...]
Rates on 30-year mortgages fell below 6 percent this week, the first decline in three weeks.
Freddie Mac, the mortgage company, reported that 30-year fixed-rate mortgages averaged 5.94 percent this week, down from 6.10 percent last week.
Mortgage rates have been on a roller coaster, hitting a high for the year of 6.63 percent in late July [...]
Rates on 30-year mortgages have risen for a second straight week, climbing to the highest level in a month.
Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.10 percent this week, up slightly from 6.09 percent last week. It was the highest level since 30-year mortgages averaged 6.35 percent for the week [...]
The Mortgage Bankers Assocation said Wednesday that its composite index of loan applications rose slightly in the week ended Aug. 22, as interest rates slipped.
The composite index rose a seasonally adjusted 0.5%, the MBA said, as the refinance index increased 0.3% from the previous week and the purchase index increased 0.6%.
The refinance share of mortgage [...]
The volume of mortgage applications filed last week rose slightly, increasing a seasonally adjusted 2.8% compared with the week before, the Mortgage Bankers Association reported on Wednesday.
Applications dropped 33.7% for the week ended Aug. 1, compared with the same week in 2007, the Washington-based MBA said. The MBA’s survey covers about half of all U.S. [...]
Thirty-year fixed-rate mortgages averaged 6.35 percent this week, down 0.1 percent from last week, which had been the highest level since last September, Freddie Mac, the mortgage company, reported Thursday. Rates had been rising for five straight weeks.
Rates on 15-year fixed-rate mortgages dropped 0.12 percent to 5.92 percent; the five-year adjustable-rate mortgage fell 0.21 percent [...]