Record Low Mortgage Rates compared to Refinance Index
Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing mortgage rates easing to new all-time record lows for all products covered in the survey ... The average for the 30-year fixed mortgage rate has been below 4.00 percent for six consecutive weeks.
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MBA: Mortgage Purchase Application Index declined in Latest Survey
The Refinance Index decreased 5.2 percent from the previous week. The seasonally adjusted Purchase Index decreased 5.4 percent from one week earlier.
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Mortgage applications dipped last week: MBA
Applications for U.S. home mortgages slipped last week, even as interest rates also eased, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage ...
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Refinance or pay off mortgage on rental?
Dear Dr. Don,I have a rental property that has a mortgage balance of $36,000 and five years left before it is paid off. The rental income covers the mortgage and management fees with the exception of about ...
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BofA Surges on Speculation of U.S. Mortgage Refinance Plan
Bank of America Corp., the second- biggest U.S. lender, surged the most in two months of trading amid speculation that the U.S. may introduce a new mortgage refinancing program.
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