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News, Page 53

Mortgage Rates Decline for Third Consecutive Week

Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing average fixed mortgage rates falling for the third consecutive week as bond yields continued to drop despite a strong …

Home Refinancing Soars as mortgage loan Rates Plunge

The Mortgage Bankers Association's most recent report on mortgage applications noted a week-over-week increase of 49.1% in its seasonally adjusted composite index for the week ending January 9.

Mortgage applications spike

A sharp drop in rates, combined with lower costs for the most popular mortgage products, sent mortgage applications soaring.