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Low Rate Mortgage, Refinance, Home Equity & Auto Loans - ELOAN
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Lowest Interest Rates - Home Mortgage, Equity, Refinance Rate Comparison
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home loan lowest mortgage rate News
Mortgage Rates for Best Borrowers Rise as Home-Loan Bonds Slump (Bloomberg.com)
Aug. 21 (Bloomberg) -- A decline in mortgage bond prices is raising interest rates on U.S. home loans, even for borrowers least prone to default. Rates on average 30-year fixed mortgages rose to 6.37 percent this week, about the highest in six years, as yields on bonds guaranteed by Fannie Mae and Freddie Mac increased to almost the highest since 1986 relative to Treasuries.
Read more...Mortgage application level lowest in nearly eight years (Milwaukee Journal Sentinel)
Mortgage applications nationwide dropped last week to their lowest levels in almost eight years, a slump industry experts said Wednesday isn’t likely to improve significantly until the economy picks up and potential buyers are convinced home pr...
Read more...U.S. MBA's Mortgage Applications Index Fell 1.5% (Update1) (Bloomberg.com)
The Mortgage Bankers Association's index of applications to buy a home or refinance a loan dropped 1.5 percent from the prior week to 419.3. The group's purchase index fell 0.4 percent and its refinancing gauge slumped 3.7 percent.
Read more...U.S. MBA's Mortgage Applications Index Fell 1.5% Last Week (Bloomberg.com)
Aug. 20 (Bloomberg) -- Mortgage applications in the U.S. declined last week to the lowest level since December 2000 as fewer homeowners sought to refinance their mortgages.
Read more...Home Builds Lowest Since 1991 (Time Magazine)
Construction of homes and apartments fell in July to the lowest level in more than 17 years, the government reported Tuesday
Read more...Major banks move on rates (Daily Telegraph)
IN great news for mortgage holders, a major bank for the first time is ready to cut its variable rate and Australia's biggest home lender has reduced fixed rates.
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