Feb
22
By Doug Alexander Royal Bank of Canada, the country’s largest lender by assets, raised mortgage rates to reflect higher funding costs, ending a promotional rate three weeks before it was set to expire.Royal Bank will increase its four-year fixed rate mortgage by 40 basis points to 3.39% effective Feb. 8, the Toronto-based lender said today …
Permanent link to this article: http://www.greenbrierrealestateservices.com/rbc-raises-mortgagerates/
Feb
22
HSH.com releases its latest Weekly Mortgage Rate Radar showing a downturn in mortgage rates from the previous week. the Weekly Mortgage Rate Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage (ARM). Average rates declined …
Permanent link to this article: http://www.greenbrierrealestateservices.com/hsh-com-weekly-mortgage-rate-radar-record-low-streak-rolls-on/
Feb
18
VA Loan Mortgage rates are holding at record-low levels, with a 30-year fixed-rate loan unchanged at 3.9 percent for the week ending Feb 16, according to the latest numbers from the VA. Freddie Mac Latest from The Business Journals Mortgage rates hold at record low Mortgage rates hold at record low Mortgage rates stay steady …
Permanent link to this article: http://www.greenbrierrealestateservices.com/current-va-loan-rates-hold-at-record-low/
Dec
15
Dear Dr. Don,I have a $600,000 loan on a home with a current market value of about $500,000. It’s a fixed-rate mortgage at 6%. I am 60 years old. My wife and I currently make about $200,000 per year. Should I take money out of my 401(k) and refinance at a lower rate? I’m obviously …
Permanent link to this article: http://www.greenbrierrealestateservices.com/should-you-refinance-home-using-your-401k/
Dec
13
(PRWEB) December 05, 2011 In a recent study of RE/MAX agents in northern Illinois, agents reported that although this remains a great time to buy a home due to ample inventory and mortgage interest rates at a historic low, earning approval for mortgage financing has become a longer and more difficult task. Mortgage interest rates …
Permanent link to this article: http://www.greenbrierrealestateservices.com/remax-agents-report-that-buyers-face-new-challenges-%e2%80%93-and-opportunities-%e2%80%93-when-applying-for-mortgages/
Dec
10
Austin, TX (PRWEB) November 28, 2011 Homes.org, a fast growing real estate search portal, has released this week’s analysis of mortgage rates which shows a slight decrease in rates at the start of the week, with the 30-year fixed rate fell by .02%. this comes after the October Existing Home Sales report showed improvements over …
Permanent link to this article: http://www.greenbrierrealestateservices.com/homes-org-releases-mortgage-rates-update-thanksgiving-week-impacts/
Dec
03
Mortgage rates inched up this week as investors seemed to regain some confidence in the global economy and flocked to the stock market. The benchmark 30-year fixed-rate mortgage rose 2 basis points this week, to 4.25%, according to the Bankrate.com national survey of large lenders. a basis point is one-hundredth of 1 percentage point. The …
Permanent link to this article: http://www.greenbrierrealestateservices.com/like-a-slug-mortgage-rates-are-low-slow-moving/
Nov
30
NEWCASTLE UPON TYNE, England, November 14, 2011 /PRNewswire/ – Northern Rock has revealed that many UK mortgage borrowers coming to the end of their fixed rate deal could be better off if they took a mortgage with Northern Rock*, even if they only have 20% equity. Across the market, almost 200,000 of these consumers are …
Permanent link to this article: http://www.greenbrierrealestateservices.com/northern-rock-reveals-its-mortgage-could-be-beneficial-to-8-out-of-10-borrowers-14-november-2011-1231-uhr/
Nov
28
MCLEAN, Va., Nov. 7, 2011 /PRNewswire via COMTEX/ –Freddie Mac /quotes/zigman/226335 FMCC +1.00% released the results of its third quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house by maintaining or reducing their mortgage debt. In the third quarter of 2011, 82 percent of homeowners who refinanced their first-lien home mortgage …
Permanent link to this article: http://www.greenbrierrealestateservices.com/82-percent-of-refinancing-homeowners-maintain-or-reduce-mortgage-debt-in-third-quarter/
Nov
18
(Update: Post revised to add comments from two local mortgage brokers.) With interest rates at record lows, any homeowner with good enough credit and enough equity to can lower his or her mortgage payment by refinancing the loan. But that option isn’t available to millions of “underwater” homeowners — people who bought their homes at …
Permanent link to this article: http://www.greenbrierrealestateservices.com/obama-casts-lifeline-to-underwater-homeowners-lansner-on-real-estate-the-orange-county-register/
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