Fixed mortgage rates moved lower this week on news of weakness in the labor markets, with Freddie Mac saying lenders were offering conventional 30-year loans at an average of 3.66%, down from last week’s 3.7%
Some financial experts say racing to retire “mortgage-free” isn't always the best strategy.
Rates on home loans fell heading into the spring home-buying season.
NEW YORK ( MainStreet ) — When it comes to mortgage rates, we've heard the term “record lows” for years now. And while interest rates on home loans have wavered a bit, they've recently dipped to the lowest levels in nearly two years.
By Karen Freifeld NEW YORK (Reuters) – Major mortgage bond investors including BlackRock , MetLife and Pimco on Friday took a first step toward suing Ocwen Financial Corp , accusing it of having failed to properly collect payments on $82 billion of home loans, according to a person familiar with the matter and to documents seen by Reuters. The group sent a formal notice of non-performance to …
Ocwen Financial Corp. will pay $2.5 million and hire outside accountants to settle a dispute with California, which had threatened to suspend the license of the mortgage payment collector and foreclosure specialist.
The average 30-year fixed-rate mortgage is close to 3.6 percent, a near rock-bottom low that???s more than a full percentage point lower than this time last year. And for many, refinancing could mean huge savings. In the words of ???Shark Tank???s??? Barbara Corcoran:?????Money???s on sale.???…
A measure of mortgage loan disbursements in Brazil rose at the slowest pace in more than a decade as rising borrowing costs, a stagnant economy and eroding confidence dampened demand for home loans, an industry group said on Wednesday. The amount of mortgage loans funded with resources from the country's SBPE savings and loan system totaled 112.9 billion reais ($43.4 billion) last year, a 3.4 …
Mortgage application volume have increased 14.2 percent on a seasonally adjusted basis, according to the Mortgage Bankers Association (MBA).
NEW YORK ( MainStreet ) — Average 30-year-fixed mortgage rates are running just a tad above their 3.31% all-time lows, but economists predict 2015 will be the last hurrah for sub-4% home loans — and possibly even for sub-5% ones, too.