Interest rates for adjustable-rate mortgages (ARMs) hit record-low levels in 2012, Freddie Mac said in a recent report.
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Adjustable-rate mortgages see record low rates in 2012 |
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Mortgage rates start 2013 right where they left off – near record lows
Friday, January 4th, 2013Mortgage rates stayed relatively even week-over-week, hovering near all-time record lows to begin 2013, Freddie Mac said in its first weekly mortgage report of the year. Read more
Posted in: Home Equity Rates, Mortgage Rates, Refinance Rates
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Home equity balances increase in August
Tuesday, October 9th, 2012Balances on home equity installment loans increased month-over-month in August, which is a possible sign of positive economic change, Equifax said in a recent report. Read more
Posted in: Home Equity, Home Equity Rates
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Refinancing homeowners show strong results in 1st quarter
Friday, May 11th, 2012The majority of homeowners who opted to refinance existing mortgages in the first part of 2012 strengthen their financial positions, Freddie Mac said in a recent report. Read more
Posted in: Home Equity, Home Equity Rates, Refinance, Refinance Rates
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Mortgage rates at highest levels since late 2011
Thursday, March 29th, 2012Mortgage rates rose week-over-week, continuing the recent trend of increases in average rates, the Mortgage Bankers Association (MBA) said yesterday. Read more
Posted in: Home Equity Rates, Mortgage Rates, Refinance Rates
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Refinancing homeowners saving big
Wednesday, February 8th, 2012Refinancing homeowners continue to reap the financial rewards of their choice to refinance their mortgage, Freddie Mac said in a recent report. Read more
Posted in: Home Equity, Home Equity Rates, Mortgage, Refinance, Refinance Rates
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Q&A: Is a second mortgage or home equity line a wise move?
Tuesday, December 13th, 2011Second mortgages and home equity lines can be beneficial or harmful, depending on your purpose for borrowing and ability to make payments. Read more
Posted in: Home Equity, Home Equity Rates, Mortgage
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Q&A: Mortgage rate forecast for 2011
Wednesday, March 2nd, 2011Mortgage rates may increase somewhat in 2011, but should stay fairly stable, depending on the recession recovery success and inflation rates. Read more
Posted in: Home Equity Rates, Mortgage Rates, Refinance Rates
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Rates on mortgage loans rise in U.S. for third straight week
Friday, December 3rd, 2010Prospective homebuyers and those looking to compare mortgage rates received some unwelcome news as averages on mortgage loans rose for the third time in the last four weeks. Read more
Posted in: Home Equity Rates, Mortgage Rates, Refinance Rates
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Mortgage rates see big jump this week
Friday, November 19th, 2010A new report that looks to compare mortgage rates found that they've hit their highest level since August. Read more
Posted in: Home Equity Rates, Mortgage Rates, Refinance Rates
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