Mortgage Rates

One In Three Homeowners Owes Bank More Than Home Is Worth: Study

Loren Berlin | Posted 05.25.2012

If you're looking for good news about the housing market, you're going to have to wait awhile longer, as new research continues to paint a grim pictur...

Economic Ambiguity

Michael Farr | Posted 05.03.2012

Michael Farr

We continue to believe that investors are underestimating the risks inherent to the bond market at this stage in the game. Bond investors are not being compensated for the risks they are assuming when they are not even able to earn the expected rate of inflation.

'We Might Not See A Major Turnaround In Our Lifetimes'

Reuters | Posted 04.25.2012

NEW YORK, April 24 (Reuters) - The U.S. housing market is likely to remain weak and may take a generation or more to rebound, Yale economics profess...

What To Know Before Refinancing Your Mortgage

Reuters | Posted 05.19.2012

By John Wasik March 16 (Reuters) - I got a letter from my bank the other day offering a streamlined refinancing deal for my current home mortg...

Ben Bernanke: Blame Housing For This Lousy Recovery

The Huffington Post | Mark Gongloff | Posted 02.10.2012

Housing, with some help from Wall Street, got us into the Great Recession, and it is housing that has made the recovery from that recession so slow an...

Bank Outlook 2012: Six Trends to Watch

Richard Barrington | Posted 02.20.2012

Richard Barrington

Will customers be treated to higher deposit or higher fees? Or will a wild card such as technology dominate banking news in 2012?

Housing Market Stuck Due To Lack Of First-Time Buyers

AP | By DEREK KRAVITZ | Posted 11.30.2011

WASHINGTON -- This should be a great time to buy a first home. Prices have sunk to 2002 levels. Sellers are waiting anxiously as homes languish on the...

What Will Boost Real Estate?

Harlan Green | Posted 12.02.2011

Harlan Green

When two presidents -- President Obama in his new jobs plan and President Clinton on the Sunday TV talk shows -- say that real estate has to recover for our economy to recover, it should take precedence in discussions on how to boost economy growth.

Long-Term U.S. Mortgage Rates Have Never Been Lower

AP | By DEREK KRAVITZ | Posted 12.01.2011

WASHINGTON -- Mortgage rates have skated near record lows for weeks. But now it can finally be said: Long-term rates in the United States have never b...

Index: Detroit, D.C. Home Prices Rose Last Year, Slumped In 18 Other Cities

AP | DEREK KRAVITZ | Posted 11.27.2011

WASHINGTON — The depressed housing market flashed a positive signal in July, with home prices in most major U.S. cities rising for the fourth straig...

Good Credit Not Enough For Homebuyers Looking For A Loan

USA TODAY | By Julie Schmit | Posted 11.14.2011

Homebuyers such as Bob and Janet Zych have fueled the U.S. housing market for decades. They have excellent credit with scores that top 800, life-lo...

U.S. Mortgages: 30-Year Rates Nearing November's Record Low

AP | Derek Kravitz | Posted 10.11.2011

WASHINGTON (AP) -- Fixed mortgage rates fell to at or near record lows. That's good news for the few who can afford to buy a home or are able to refin...

Applications For Mortgages Surge On Refinancing Demand

Posted 09.19.2011

Applications for home mortgages surged last week, racking up the biggest increase in four months on a flood of refinancing demand as interest rate...

Mortgage Rates Jump In Another Blow To Housing Market

AP | MICHELLE CONLIN and JANNA HERRON | Posted 05.25.2011

NEW YORK — The days of the absurdly low mortgage rate are over. The average rate for a 30-year home loan rose above 5 percent this week for the...

Rising Mortgage Rates Could Spook Reluctant Home Buyers

The Huffington Post | Abby Wendle | Posted 05.25.2011

The rebound in interest rates may prevent already reluctant buyers from taking out a mortgage or refinancing their home according to a recent report f...

Mortgage Rates Rise To Highest Level In 7 Months

AP | JANNA HERRON | Posted 05.25.2011

NEW YORK — The average rate on 30-year fixed mortgages rose this week to the highest level in seven months, reflecting higher yields on long-term Tr...

Mortgage Applications Down From Previous Week

AP | Posted 05.25.2011

NEW YORK — Applications for mortgages slipped last week, as a drop in refinance activity offset a gain in purchase applications. The Mortgage B...

Mortgage Rates Low: Level Matches Lowest In Decades

AP | ALAN ZIBEL | Posted 05.25.2011

WASHINGTON — Rates on 30-year mortgages matched the lowest level in decades and rates on 15-year loans dropped to their lowest point in nearly 2...

CHART: How Banks Bought Their Own Mortgage Securities During The Boom

Posted 05.25.2011

If you're in the market for a detailed, if byzantine, explanation of how banks ended up repackaging and buying their own own securities during the hou...

Teacher Loses Home Loan Over School Supplies

Mary Tootikian | Posted 05.25.2011

Mary Tootikian

Educators beware. The next time you buy supplies to help out your school and then take the 2106 expense deduction on your tax return, it could cost you approval of your home loan.

Mortgage Rates Are At Record-Lows -- So Why Is The Housing Market Slumping?

washingtonpost.com | Dina ElBoghdady | Posted 05.25.2011

The sudden weakness in residential real estate has struck nearly every region of the country, according to recent government and industry data, drivin...

Mortgage Rates Sink To Lowest Level On Record

AP | ALAN ZIBEL | Posted 05.25.2011

WASHINGTON — Mortgages are cheaper today than they've been in a half-century. If only most people had the job security, the credit score and the...

Will Lower Interest Rates Jumpstart Housing (CHART OF THE DAY)

Huffington Post | Sara Yin | Posted 05.25.2011

Siding with Washington Post's's Ezra Klein, on his blog, Paul Krugman wants to clear the air about the comparisons being made between the economic ten...

Mortgage Rates Hit 50-Year Lows But Who Cares?

walletpop.com | Ann Brenoff | Posted 05.25.2011

The good news: Mortgage rates dropped to their lowest levels in more than 50 years. The bad news: You need to have a job and impeccable credit to get...

Mortgage Rates Spike

AP | ALAN ZIBEL and ADRIAN SAINZ | Posted 05.25.2011

WASHINGTON — The era of record-low mortgage rates is over. The average rate on a 30-year loan has jumped from about 5 percent to more than 5.3 ...