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News, Page 57

Mortgage Rates Start the New Year at New Lows

Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing average fixed mortgage rates starting 2015 by diving amid sliding bond yields to their lowest level since May 23, …

Mortgage Rates Hit 19-Month Low

Mortgage rates plunged last week, but whether or not you can take advantage of them relies heavily on your credit standing.

FHA to cut mortgage insurance premiums: White House

By Lindsay Dunsmuir WASHINGTON (Reuters) – The Federal Housing Administration will reduce annual mortgage insurance premiums by 0.5 percentage point to 0.85 percent from 1.35 percent, the White House said on Wednesday. President Barack Obama will discuss the action in a speech in Phoenix on Thursday. The premium cut is the latest in U.S. government efforts to widen mortgage access against a …

Low Mortgage Rates Bolster Homebuilder ETFs

Mortgage rates are on the decline as safe-haven and overseas demand push down U.S. bond yields, potentially enticing new homeowners and reinforcing home construction-related exchange traded funds. Homebuilder …