Ar_home_b_search
 



fixed mortgages: Freddie Mac Weekly Update: Fixed Mortgage Rates Continue Downward Slide - 06/02/11 09:32 PM
 
30-year fixed-rate mortgage:averaged 4.55 percent with an average 0.6 point for the week ending June 2, 2011, down  from last week when it averaged 4.60 percent. Last year at this time, the 30-year FRM averaged 4.79 percent.  The 15-year fixed-rate mortgage: this week averaged 3.74 percent with an average 0.7 point, down from last week when it averaged 3.78 percent. A year ago at this time, the 15-year FRM averaged 4.20 percent.  Five-year indexed hybrid adjustable-rate mortgages ARMs: averaged 3.41 percent this week, with an average 0.6 point, the same from last week when it averaged 3.41 percent. A year ago, the 5-year ARM … (2 comments)

fixed mortgages: Mortgage Bankers Weekly Survey: Mortgage Applications Decrease - 06/02/11 09:30 PM
  Mortgage Bankers Association for the week of 6/1/2010
Fixed rate mortgages continue to decline this week, with the 30-year loan averaging 4.55% its lowest average this year. The MBAA reports their  Market Composite Index: ( Loan application volume) Decreased 4%. Their Refinance Index:  Decreased 5.7% from the previous week on further declines in the interest rate.However, this isnt helping sell homes.  Mortgage applications decreased 4% from one week earlier, according to data from the Mortgage Bankers Associations Weekly Mortgage The MBAA reports their  Purchase Index  decreased 1.2% compared with the previous weekThe recent Fed meeting indicates that lower rates will continue as the economic  recovery is unremarkable. … (0 comments)

fixed mortgages: Freddie Mac Weekly Update: 30-year Fixed-Rate Mortgage Matches Yearly Low of 4.71% - 05/05/11 10:20 PM
 
30-year fixed-rate mortgage: averaged 4.78 percent with an averaged 4.71 percent with an average 0.7 point for the week ending May 5, 2011, down  from last week when it averaged 4.78 percent. Last year at this time, the 30-year FRM averaged 5.00 percent.  . The 15-year fixed-rate mortgage: this week  averaged 3.89 percent with an average 0.7 point, down  from last week when it averaged 3.97 percent.  A year ago at this time, the 15-year FRM averaged 4.36 percent. Five-year indexed hybrid adjustable-rate mortgages ARMs: averaged 3.47 percent this week, with an average 0.6 point, down from last week when … (1 comments)