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Latest
mortgage rate
Updates
Mortgage interest rate cuts bode well for home builders in 2009 (The Natal Witness Group)
JOHANNESBURG A round of interest rate cuts in 2009 will bode well for building and construction firms with exposure to the residential sector. So says BOE private clients construction analyst Barbara Price-Hughes. It will take time for them [rate cuts] to kick in, she told Fin24.com.
| US MBA Mortgage Survey Table Of Current Interest Rates (The Forex Market)
Change in Contract Rate (bps) Effective Total Contract 1 Week 4 Weeks 1 Year Rate Points Rate Ago Ago Ago 30-Year Fixed 5.30 1.16 5.07 4 -37 -66 15-Year Fixed 4.96 1.16 4.67 -13 -42 -55 ARM, 1-Yr Tsy 5.98 0.31 5.90 -25 -86 -13 FHA 203 (b) 5.28 1.09 5.10 2 -39 -63 All rates except FHA 203(b) are for 80% loan-to-value mortgage.
| Mortgage applications fell 8.2% last week: MBA (Market Watch)
Last week's mortgage applications show a seasonally adjusted decrease 8.2% from the pace of the week before, reflecting a drop in homeowners seeking to refinance their mortgages, according to Mortgage Bankers Association data. Data on filings and mortgage rates have drawn keen interest from investors and economists alike, in line with the Federal Reserve's move this week to start purchasing ...
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