Mortgage rates headed upward this week, ending a three-week stretch of all-time lows for 30-year fixed-rate loans.
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Mortgage Rates Show Modest Rise
Homeowners rushed to take advantage of falling interest rates last weeks, as applications to refinance a mortgage reached their highest level in six months.
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Rates Fall Again, Refinancing Surges
A key tax deduction for recent home buyers expired on Jan. 1, as Congress declined to extend the write-off for various types of mortgage insurance.
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No More Mortgage Insurance Deduction
Mortgage rates are starting out the New Year at or near their all-time lows, trending down slightly from the week before, according to rate survey figures released today by Freddie Mac.
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Mortgage Rates Down to Start Year
Mortgage demand fell over the two-week holiday period, even when accounting for the usual slowdown brought on by the holiday season.
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A handful of lucky homeowners have been able to reduce their mortgage debt by nearly one-third under a little-noticed provision of the government’s Home Affordable Modification Program (HAMP).
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Lucky Few Get Big HAMP Writedowns
Homeowners who think they have been wronged through foreclosure proceedings will soon be able to request a third-party review of their case and possibly obtain compensation.
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Reviews to Address Foreclosure Errors
Mortgage interest rates rose sharply this week on the strength of improved economic news, including better-than-expected employment figures and signs that the European debt crisis may be easing.
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Mortgage Rates Rebound
Fixed-rate mortgages continued to slide to new record lows this week, amid growing concerns about the state of the global economy.
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30-Year Mortgages Below 4 Percent
Fixed-rate mortgage fells to new record lows again this week, while demand for new mortgages and refinances rose last week after several weeks of declines.
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Mortgage Rates Fall, Demand Up