U.S. mortgage rates fall to record low: Freddie Mac
Reuters - Thu Dec 3, 11:42 am ETU.S. mortgage rates dropped to a record low in the latest week, as rates fell for a fifth straight week, a closely watched mortgage survey showed Thursday.
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U.S. mortgage rates dropped to a record low in the latest week, as rates fell for a fifth straight week, a closely watched mortgage survey showed Thursday.
Freddie Mac is its taking anti-foreclosure efforts to the front doors of homeowners who've fallen behind on mortgages. The home-loan giant recently hired consulting...
The decline to 4.71% is the lowest since the mortgage finance company Freddie Mac began tracking the data in 1971. It comes as the Obama administration is working to lower borrowing costs. The average interest rate for a 30-year mortgage dropped to a record low of 4.71% this week, pushed down by an aggressive government campaign to reduce borrowing costs.
NEW YORK -(Dow Jones)- Fannie Mae (FNM) sold $3 billion of two-year notes Thursday, with the coupon pricing below 1%, a level that is much lower than existing bonds and closer to Treasury rates.
REAL ESTATE SALES DISCLOSURES Fannie Mae a/k/a Federal National Mortgage Association to Jerry H. Wetzel and Arnold D. Wetzel, 423 Cara Court, Seymour, Lot twenty-nine (29), of Eastgate Village First Addition, in the City of Seymour, $43,750, Aug. 20....
Millionaire developer R. Donahue Peebles is "inching" toward a decision on whether he will run for D.C. mayor next year, his spokeswoman said, but it appears someone is already preparing for him to become a candidate. The Web domain names Peeblesformayor.com and PeeblesforDC.com, along with several similar-sounding addresses, were registered last month to an unnamed owner, according to a search ...
The former Tulsa banker who was brought in to run Freddie Mac during its financial crisis late last year says mortgage-modification programs won't rescue the housing market and that problems are likely ...
Mortgage rates for fixed 30-year loans in the U.S. have dropped to a record low and Rochester-area real estate professionals expect that to help generate activity.
Treasury prices fell Thursday amid worries about an increase in debt supply. Bond yields, which move opposite to their prices, had fallen too low in recent days to make new debt being auctioned next week very attractive, said Nick Kalivas, a vice president of financial research at MF Global.
Dec. 3 (Bloomberg) -- Mortgage rates for fixed 30-year loans in the U.S. dropped to a record low amid signs that the housing market is beginning to emerge from the worst slump since the 1930s.
Comcast Corp. announced Thursday it plans to buy a majority stake in NBC Universal for $13.75 billion, giving the nation's largest cable TV operator control of the Peacock network, an array of cable channels and a major movie studio.
The U.S. government’s efforts to revive the housing market help push mortgage rates down to record levels, making homes more affordable for buyers hunting for a good deal in a soft market.
Big Ben Keeps Cool As Senate Confirmation Hearing Turns Into Bloviation-fest
The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs. The rate, published Thursday by Freddie Mac, is the lowest since the mortgage... Mortgage - Freddie Mac - Business - Government - Financial Services
Dec. 3 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke defended the central bank’s record as a bank regulator and its role in bailing out financial firms during a Senate hearing on his nomination to a second term.
Dec. 3 (Bloomberg) -- Mortgage rates for fixed 30-year loans dropped to a record low amid signs that the housing market is beginning to emerge from the worst slump since the 1930s.