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Mortgage rates hit a new low for the year

Not only has gas gotten cheaper, so have mortgages. The average rate for a 30-year fixed-rate loan now stands at 3.8%, a rate not seen since May 2013, according to Freddie Mac. The average 15-year fixed …

Mortgage Rates Find New Lows for 2014

Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing average fixed mortgage rates falling to new lows for this year as 10-year Treasury yields closed at their lowest …

Mortgage lending levels slow to ‘healthy’ level – CML

Mortgage lending for November matches amount loaned in November 2013, having fallen four months in a row Mortgage lending slowed in November, and activity has returned to almost the same level as at the end of 2013, banks and building societies reported on Thursday. The Council of Mortgage Lenders (CML) said gross mortgage lending was 9% down on October’s figure at £16.9bn. This is the lowest …