Mortgage Rates Decline; Current 30-Year Fixed Rate is 4.76%, According to Zillow(R) Mortgage Rate Ticker (PR Newswire via Yahoo! Finance) The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.76 percent, down four basis points from 4.80 percent compared to this same time last week. The 30-year fixed mortgage rate fluctuated between 4.76 and 4.82 during the past week.

Fixed-rate mortgage? Homeowners should consider all alternatives (Guardian Unlimited) You may pay over the odds if you panic-buy a fixed-rate mortgage when rates start rising, warn brokers Borrowers who stampede for fixed-rate deals as soon as the base rate starts rising could end up paying over the odds for their loans, mortgage brokers warn. Although the Bank of England last week kept its base rate at 0.5% for the 13th month in a row, economists and mortgage market watchers are ...

Consumers take latest rate rise on chin (Sky News Australia) Consumers appear to have taken the latest interest rate rise on the chin, but mortgage rates are closing in on a level that could have an impact on confidence, Westpac chief economist Bill Evans says.

(AFX UK Focus) 2010-03-10 05:40 UPDATE 1-S.Korea money supply, mortgage growth eases (Interactive Investor) SEOUL, March 10 (Reuters) - South Korea's money supply growth in January eased and banks' mortgage lending to households in February rose slightly, data showed on Wednesday, putting little pressure on the central bank for a swift rate hike. The data came a day before the Bank of Korea is widely expected to keep its policy rate unchanged at record-low 2.00 percent for a 13th straight month amid ...

U.S. MBA Mortgage Applications Index Rose 0.5% Last Week (Bloomberg) March 10 (Bloomberg) -- Mortgage applications in the U.S. rose for a second week, led by an increase in purchases that may indicate the renewal of a homebuyer tax credit is starting to invigorate demand.

Sam Dunn:'How can we get a better rate?' (Independent) Question: Our two-year fixed mortgage with Chelsea building society has ended and we've gone to its standard variable rate (SVR) only to discover that it stands at a huge 5.79 per cent. Yet friends also on an SVR are only paying 3 per cent in some cases. Is there any way to switch such rates? It seems ridiculously unfair that luck of the draw means we pay a huge sum compared to somebody else ...

YBS launches tracker mortgage (Mortgage Introducer) The rate has been cut by 0.60% to 3.79% (BoE + 3.29%) saving someone £1,200 in interest payments with a £150,000 mortgage over the 2 year term, says YBS. The product has a low fee of £495 and offers free valuation and legal fees to those people looking to remortgage.

Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets (Bloomberg) March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.

TCW Returns to Mortgage Bonds It Sold After Declines (Update1) (Bloomberg) March 9 (Bloomberg) -- TCW Group Inc., the money manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it rushed to sell earlier this year.

McCue Mortgage still in the family after 60 years (The Bristol Press) New Britain-based McCue Mortgage Co., the largest independently-owned mortgage lender in the state, celebrates 60 years in business this year.