360° Coverage : Mortgages Hover Near Lows

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Mortgages Hover Near Lows

Source: Wall Street Journal, Nov 8 2012, 3:13pm CST

By Tess Synes U.S. mortgage rates were mixed in the past week, though they remained near historic lows, according to mortgage-finance company Freddie Mac. For the week ended Thursday, the 30-year fixed-rat ...

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Update
10

10 hours ago

Low rates sparking surge in mortgage refinancing

Source: Milwaukee Journal Sentinel  |   May 18 2013, 2:31pm CDT

As mortgage rates descended, David and Marilou Jasinski decided to jump on for the ride. After buying their house in Sussex in 2004 with a 30-year fixed-rate mortgage sporting an interest rate of about 5.5%, they refinanced to a 20-year t ...

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Update
9

12 hours ago

Senators want to move forward with Fannie Mae, Freddie Mac reform

Source: The Hill  |   May 18 2013, 12:43pm CDT

While details are still being hashed out, the basic premise is that the government's role in the housing finance market would be reduced in favor of more private capital during a transition that is expected to take several years. A bipartisan grou ...

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Latest Business News

 
Update
8

17 hours ago

Why the Next Mortgage Crisis Is Inevitable

Source: WalletPop  |   May 18 2013, 7:51am CDT

You vs. your lender At the risk of oversimplifying the cause of the housing boom and subsequent bust, what happened during the decade of the 2000s essentially boils down to a simple sequence of events. The wealth effect from big gains in the 19 ...

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Currently Trending

 
Update
7

20 hours ago

Want to Refinance Your Student Loans? The CFPB Wants to Help

Source: Daily Finance  |   May 18 2013, 4:22am CDT

Getty Images In recent years, millions of homeowners have taken advantage of low interest rates to refinance their mortgages. Yet one area where most people haven't benefited from lower rates on long-term debt ...

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Update
6

1 day ago

Housing market showing signs of bubbling

Source: The Portland Maine Press Herald  |   May 17 2013, 8:15pm CDT

BOSTON - Just a year since the U.S. housing market hit bottom after the biggest plunge in eight decades, signs of excess are re-emerging. U.S. home prices jumped almost 11 percent in March from a year ear ...

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Update
5

1 day ago

US:FHFA House Price Index

Source: CME Group  |   May 17 2013, 6:54pm CDT

Definition The Federal Housing Finance Agency (FHFA) House Price Index (HPI) covers single-family housing, using data provided by Fannie Mae and Freddie Mac. The House Price Index is derived from transactions involving conforming conventiona ...

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Update
4

1 day ago

Approaching bipartisan solutions for nation’s housing woes

Source: The Seattle Times  |   May 17 2013, 4:40pm CDT

WASHINGTON – Is there a shadow of a chance that bipartisan middle-ground common sense could be applied to solve pressing issues of America’s housing future? A housing commission formed by the Washington-based Bipartisan Policy Cente ...

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Update
3

1 day ago

Mortgage Industry Veteran Chip Caldwell joins FirstClose as a VP

Source: eNewsChannels  |   May 17 2013, 1:14pm CDT

AUSTIN, Texas /eNewsChannels/ — FirstClose, a recognized aggregator in the mortgage settlement services field, today announced that it has hired Chip Caldwell to manage the company’s Southeast territory. The addition of ...

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Update
2

1 day ago

Business events scheduled for the coming week

Source: Boston.com  |   May 17 2013, 10:52am CDT

WASHINGTON — National Association of Realtors releases existing home sales for April, 10 a.m.; Federal Reserve releases minutes from April interest-rate meeting. TOKYO — Japan releases monthly trade figures for April. WASHINGTON — Labor Department releas ...

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Update
1

1 day ago

5 Mortgage Facts You (Really, Seriously) Need to Know

Source: WalletPop  |   May 17 2013, 4:19am CDT

Alamy One reason why the housing bust was so severe was that millions of homeowners got blindsided by the terms of their own mortgage loans. Yet years after the financial crisis, potential buyers still don't know ev ...

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