Tagged : cheap mortgages

Found 2 blog entries tagged as "cheap mortgages".


WASHINGTON (AP) – Average U.S. rates on fixed mortgages ticked up for the third straight week, staying slightly above record lows. Cheap mortgages have helped fuel a modest housing recovery this year.

 Mortgage buyer Freddie Mac says the rate on the 30-year loan increased to 3.62%, up from 3.59% last week. Three weeks ago, the rate fell to 3.49%, the lowest since long-term mortgages began in the 1950s.

To read more on this article, click the link below:

533 Views, 0 Comments

Average U.S. rates on 30-year and 15-year fixed mortgages this week fell to fresh record lows for the sixth straight week. Cheap mortgages continue to help boost prospects for home sales this year.

Mortgage buyer Freddie Mac says the average rate on the 30-year loan dropped to 3.67 percent. That's down sharply from 3.75 percent last week and the lowest since long-term mortgages began in the 1950s.

To read more on this article, click the link below:

508 Views, 0 Comments