Your only mortgages news source! Click on each item to read full story.   Rates on 30-year mortgages fall to lowest point in a month (Washington Post) read story WASHINGTON -- Rates on 30-year mortgages edged down this week to their lowest point in a month, a spot of welcome news to would-be home buyers.   Rates on 30-year mortgages fall to lowest point in a month (San Francisco Chronicle) read story Rates on 30-year mortgages edged down this week to their lowest point in a month, a spot of welcome news to would-be home buyers. Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.01 percent for the week ending...   Dispute hangs up housing rescue deal (AP via Yahoo! News) read story Negotiations on a homeowner rescue package that could help half a million strapped borrowers get government-backed mortgages hit a snag Thursday over how to pay for the plan.   Housing rescue deal stalls in Senate (AP via Yahoo! News) read story A key senator postponed action Thursday on a homeowner rescue package that could help half a million strapped borrowers get government-backed mortgages, as negotiators inched toward a bipartisan deal.   Mortgages: ARMs fall the most as mortgage rates drift lower (Market Watch) read story Most mortgage rates drifted lower this week, after remarks by the Federal Reserve bolstered optimism that financial markets will recover later this year, Freddie Mac’s chief economist said Thursday.   Number of mortgages down by 25% - IBF (RTÉ News) read story The total value of new mortgages issued in the first three months of the year stood at €6.226 billion, down nearly 20% from a figure of €7.8 billion the same time last year.   Mortgage rates decline slightly (CNN Money) read story Rates on 30-year mortgages eased this week, but remained above 6%, as signs that the overall economy is recovering helped offset ongoing weakness in the housing market, mortgage backer Freddie Mac said Thursday.   Senators Near Housing Deal (Time Magazine) read story Key senators said they are close to a bipartisan deal on a homeowner rescue package that could help a half million strapped borrowers get government-backed mortgages   U.S. Senate Panel Reaches Agreement on Anti-Foreclosure Measure (Bloomberg.com) read story May 16 (Bloomberg) -- The U.S. Senate Banking Committee tentatively agreed on an anti-foreclosure measure that would have Fannie Mae and Freddie Mac foot part of the bill for a federal program to insure mortgages for struggling borrowers.   Freddie Mac Posts Quarterly Loss Tempered by Accounting Techniques (NYTimes.com via Yahoo! Finance) read story The provider of financing for residential mortgages disclosed losses that were smaller than expected only because of accounting tactics that minimized the effects of bad loans.