Fannie Mae and Freddie Mac

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U.S. mortgage rates fall to record low: Freddie Mac

Reuters - Thu Dec 3, 11:42 am ET

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.

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Common Pleas Court for Dec. 4
Springfield News-Sun - Thu Dec 3, 5:55 pm ET
COMMON PLEAS COURT New Suits 09-CV-1512 - Federal National Mortgage Association, v.
Business news briefs
Pittsburgh Post-Gazette - 2 hours 28 minutes ago
Also in today's headlines:
Mortgage rates drop to record lows
UPI - Thu Dec 3, 3:04 pm ET
WASHINGTON, Dec. 3 (UPI) -- Interest rates for 30-year fixed-rate mortgage loans fell to a record low in the week ending Dec. 3, the Federal Home Loan Mortgage Corp. said Thursday.
Letters to the editor
The Myrtle Beach Sun News - Thu Dec 3, 10:45 pm ET
Response
Business events scheduled for the coming week
AP via Yahoo! Finance - Thu Dec 3, 2:37 pm ET
MONDAY, Dec. 7 WASHINTGON -- Federal Reserve releases consumer credit data for October, 3 p.m. TUESDAY, Dec. 8 WASHINGTON -- Labor Department releases job openings and labor turnover survey for October, 10 a.m.
Mortgage Rates Drop
The Lakeland Ledger - Thu Dec 3, 9:04 pm ET
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 finance company began tracking the data in 1971. The previous record of 4.78 percent was set...
Rates on 30-year mortgages set new record low
Richmond Times-Dispatch - Thu Dec 3, 11:48 am ET
WASHINGTON—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 today by Freddie Mac, is the lowest since the mortgage finance company began tracking the data in 1971. The previous record of 4.78 percent was set during the week ending April 30 and matched ...
30-year mortgage rates hit record low
Deseret News - Thu Dec 3, 10:52 pm ET
The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an...
Fixed-Rate Mortgages Hit New Lows; 30-Year At 4.71% -Freddie
Nasdaq - Thu Dec 3, 11:03 am ET
Mortgage rates generally fell this week, with the average rate on 30-year fixed-rate mortgages reaching the lowest level in at least 38 years, according to Freddie Mac's (FRE) weekly survey.
Bernanke, senators spar in hearing
Minneapolis-St. Paul Star Tribune - Thu Dec 3, 9:38 pm ET
Senators took aim Thursday at Federal Reserve Chairman Ben Bernanke, linking him to rising unemployment, regulatory lapses that led to the financial crisis and the corporate bailouts that followed. And some warned that the Fed's record-low interest rates could feed a new speculative bubble.
Low interest rates are no panacea for regions housing
The Press-Enterprise - Thu Dec 3, 9:37 pm ET
Although the interest rate on a 30-year mortgage is the lowest it has been in almost four decades, it is not the medicine that will revive Inland Southern California's housing market, real estate experts said Thursday.
Business Highlights
Newsday - Thu Dec 3, 9:11 pm ET
Business Highlights
New Record Low for 30-year Mortgage Rates
CBS News - Thu Dec 3, 12:00 pm ET
Government Campaign to Reduce Borrowing Costs Leads to Rate Drops
Mortgage interest rates are down to all-time low, but challenges remain
Sun-Sentinel - Thu Dec 3, 8:47 pm ET
Low rates won't cure all of the housing market's ills. They won't resolve the extremely low prices home sellers are getting as they put their homes on a market crowded with foreclosures and short sales. And they can't counteract the impact of high unemployment, which economists say is a primary reason people are losing their homes.
HUD chief defends efforts to aid borrowers
Washington Post - Thu Dec 3, 12:00 am ET
Housing and Urban Development Secretary Shaun Donovan on Wednesday defended a range of Federal Housing Administration efforts after presenting lawmakers with the outlines for tougher rules that the agency plans to impose on borrowers.