by John TayebJune 13, 2010
Housing Market News Update
Home-mortgage rates fell this week along with bond yields, according to Freddie Mac. The 30-year fixed-rate mortgage averaged 4.72 percent, down from 4.79 percent a week ago; while rates on 15-year fixed-rate mortgages fell to another record low of 4.17 percent from 4.2 percent.
Also, the five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.92 percent, down [...]
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by Raja TayebJune 4, 2010
Housing Market News Update
Applications for mortgages to purchase homes declined 4.1 percent last week compared with the previous week on a seasonally adjusted basis, according to the Mortgage Bankers Association.
On an unadjusted basis, applications for purchase money decreased 5.2 percent compared to the previous week and were down 16.8 percent compared to the same week a year ago.
This [...]
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