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mortgage rates fall to new records

mortgage rates for 30-year loan now stand at 3.78 percent. fixed mortgage rates for 15-year loans are unchanged at 3.04 percent, a record low.

mortgage rates slide to record lows

mortgage rates continue to drop well below 4 percent. the average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this mba series. the purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period.

bankrate: mortgage rates hold at record lows

new york, may 24, 2012 /prnewswire/ -- mortgage rates were little changed, remaining at record low levels. the average rate on the benchmark 30-year fixed mortgage rate was unchanged at the record low ...

mortgage rules prove too strict for some retirees

it’s a mortgage problem that is likely to intensify as home-owning baby boomers by the millions shift into retirement: although they may have significant financial assets tucked away in retirement accounts, their diminished monthly incomes may not be sufficient to meet some lenders’ hyper-strict underwriting rules. read full article >>

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