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Mass Refi Plan Would Hit Pensions While Easing Mortgage Payments
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Like many homeowners, Vicky Kovari and her husband want to refinance their mortgage. A lower interest rate would save them hundreds of dollars a month -- and it would cost them, too.
 
Mortgage rates: How low can they go?
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the average rate for a 30 year fixed rate mortgage dropped to 3.33 percent since last week, while the purchase application volume increased 0.1 percent and the refinance application jumped 9.4 percent over the same period.
 
Mortgage rates inch up from record lows
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Mortgage rates inched up from record lows this week after signs of improvement in the employment market. Borrowers who are eligible to refinance have kept lenders busy as the homeowners try to take advantage of the historically low rates.
 
New HARP Could Help Up to 6.7 Million
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New HARP Could Help Up to 6.7 Million
 
HSH.com Weekly Mortgage Rate Radar: Record Low Streak Rolls On
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HSH.com releases its latest Weekly Mortgage Rate Radar showing a downturn in mortgage rates from the previous week. The Weekly Mortgage Rate Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage (ARM). Average rates declined during the week ending ...
 
2012 Mortgage Rate Forecast: Remaining Low
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You'll like the 2012 mortgage rate forecast. Well, except for the higher fees. We explain.
 
MBA: Refinance activity increases as mortgage rates fall to record low
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The Refinance Index increased 9.4 percent from the previous week. The seasonally adjusted Purchase Index increased 0.1 percent from one week earlier.
 
Mortgage rates hit historic lows
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Mortgage rates have hit historic lows across the nation. A 30-year mortgage rate is 3.87 percent while a 15-year mortgage is 3.14 percent, according to federal realtor Fannie Mae. The State Bank Assistant Vice President and Mortgage Officer Ann Rockman said the current mortgage rates are the lowest she has seen since she started mortgage lending in 1990.
 
Living Large? Get the Best Rate on Your Jumbo Mortgage Refinance
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It's true that homeowners with jumbo mortgages do face greater challenges finding and closing refinance mortgages. Fortunately, the rewards are greater as well.
 
Rate on 30-year fixed mortgage rises to 3.98 pct.
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The average rate on the 30-year fixed mortgage rose this week for the first time this month, though it remained below 4 percent for the eighth straight week.The low rates may be contributing to a slow ...