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Mortgage activity spikes as mortgage rates move lower

Mortgage activity spikes as mortgage rates move lower

Mortgage application activity spiked week-over-week, the Mortgage Bankers Association (MBA) said this morning, as mortgage rates dove to new all-time record lows.

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Yawn, mortgages at new record lows, yawn

Yawn, mortgages at new record lows, yawn

Monday, May 14th, 2012

In news that is beginning to feel a little like a scene out of the movie Groundhog Day, Freddie Mac revealed that mortgage rates dropped to new all-time record lows late last week. Read more

Posted in: Mortgage Rates, Refinance Rates


Pending home sales rise in March

Pending home sales rise in March

Thursday, May 10th, 2012

Pending home sales in the U.S. rose in March on both a monthly and yearly basis, the National Association of Realtors (NAR) said in a recent report. Read more

Posted in: Home Equity, Loans, Mortgage


Mortgage activity ticks up as mortgage rates fall to record lows

Mortgage activity ticks up as mortgage rates fall to record lows

Wednesday, May 9th, 2012

Mortgage activity rose week-over-week as mortgage rates reached new historical lows, the Mortgage Bankers Association (MBA) said this morning. Read more

Posted in: Mortgage, Mortgage Rates, Refinance, Refinance Rates


Mortgage activity virtually unchanged on weekly basis

Mortgage activity virtually unchanged on weekly basis

Tuesday, May 8th, 2012

Overall mortgage applications remained virtually unchanged week-over-week, the Mortgage Bankers Association (MBA) said in its weekly mortgage report. Read more

Posted in: Home Equity, Mortgage, Refinance


Mortgage rates bust through floor to new record lows

Mortgage rates bust through floor to new record lows

Monday, May 7th, 2012

Who says that history never repeats itself? In what has become a familiar headline over the past year, mortgage rates plummeted to new all-time record lows. Read more

Posted in: Mortgage Rates, Refinance Rates


Mortgage rates fluctuate as mortgage activity remains stable

Mortgage rates fluctuate as mortgage activity remains stable

Wednesday, May 2nd, 2012

Mortgage rates showed mixed results week-over-week, with some mortgage products showing interest rate increases and others falling to new record lows, the MBA said. Read more

Posted in: Mortgage, Mortgage Rates, Refinance, Refinance Rates


Home sales decline in March

Home sales decline in March

Tuesday, May 1st, 2012

Sales of existing homes declined from February to March but remain above levels seen a year earlier in March 2011, the National Association of Realtors (NAR) said in a recent report. Read more

Posted in: Home Equity, Mortgage, Refinance


Mortgage rates drop slightly, still near record lows

Mortgage rates drop slightly, still near record lows

Monday, April 30th, 2012

Fixed mortgage rates dropped slightly week-over-week and remain near historical record lows, Freddie Mac said in its weekly mortgage report late last week. Read more

Posted in: Mortgage Rates, Refinance Rates


Home prices rise, housing inventory declines in March

Home prices rise, housing inventory declines in March

Friday, April 27th, 2012

The national median home price increased in March, while housing inventory dropped month-over-month, the National Association of Realtors (NAR) said. Read more

Posted in: Home Equity, Mortgage, Refinance


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Mortgage Tips

Quick tips for first-time refinancers

Refinancing can be a good idea if you're able to get a rate that's lower than your current rate. Here are some tips to help your refinance go smoothly. Read more



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