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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: 30-year mortgage

30-year mortgage stories: 2 news summaries

Plummeting Mortgage Rates Near Record Low

Rate for 30-year mortgage again below 5%

Mar 19, 09 12:03 PM CDT
(Newser) - Interest rates for fixed-rate mortgages decreased this week, with the rate for a 30-year mortgage falling 0.05% to an average 4.98%, near January’s record low of 4.96%, MarketWatch reports. Thirty- and 15-year mortgage rates are down nearly a full percentage point from a year ago. The... More »

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housing market • Federal Reserve • mortgage • interest rate • 30-year mortgage • interest rates

 Mortgage Rates Plunge 
 to Lowest Ever 

But plunging house values make refinancing impossible for many homeowners

Jan 16, 09 2:12 AM CST
(Newser) - The benchmark 30-year mortgage interest rate has fallen below 5% for the first time ever as the collapsing economy continues to force interest rates down. Adjustable-rate mortgages fell to 5.25%, reports MarketWatch. But many homeowners can't take advantage of the new low rates to refinance because the value of... More »

MORE ABOUT:
Federal Reserve • Freddie Mac • Treasury Department • mortgage rates • interest rate • adjustable-rate mortgages • 30-year mortgage • Palm Beach Financial Network

2 Stories


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