Category Archives: Refinance

Mortgage Rates Move Up to New 2015 High

Fixed mortgage rates reached their highest level so far in 2015 during the week ended May 28th, according to the Primary Mortgage Market Survey of Freddie Mac. The average rate for a fixed-rate mortgage with a 30-year term moved up

Mortgage Applications for New Home Purchases Rose in April

Applications for new home purchase loans rose 0.3% on an unadjusted basis in April in comparison to March of this year. The data was presented in the Builder Application Survey for April 2015 of the Mortgage Bankers Association. The share

High Mortgage Refinance Activity in the First Quarter

The share of refinancing mortgages in the total volume of single-family home loans originated in the first quarter of 2015 was 63%. For the whole of 2014, this share was approximately 52%. This data was presented in an official report

New Home Loan Applications Up in March

The mortgage applications for the purchase of a new home rose by 17% in March from February of this year. The increase is not seasonally adjusted. This was revealed in the Builder Application Survey conducted by the Mortgage Bankers Association.

Boom in Refinancing As Mortgage Rates Fall

The applications for mortgage refinance continue to climb amidst plunging rates. The Refinance Index compiled by the Mortgage Bankers Association rose by 22% in the week ended January 16th compared to the previous week. In the week ended January 9th,

Mortgage Rates Hit New Lows in the Beginning of 2015

Mortgage (3)

The average rates on fixed-rate mortgage loans began the new year by dropping down to their lowest levels since May 2013, according to the Primary Mortgage Market Survey of Freddie Mac. Back then, the average rate on a 30-year fixed-rate

Mortgage Rates Fall in First Weeks of 2015


The official mortgage rate report for 2015 is out by Freddie Mac and revealed the long-term borrowing costs fell this week. 30-year fixed-rate mortgage For mortgage borrowers with excellent credit, the average rate on a 30-year fixed mortgage fell to

The Latest Mortgage Rates At Quicken Loans, Bank Of America and Suntrust

Suntrust Bank

The latest mortgage rates at some of the largest mortgage lenders went unchanged through the weekend. the traditional mortgage rates for 30 year fixed loans at Quicken Loans is 3.75% with an APR of 3.987%. The 15 year fixed rate

The Average 30 Year Mortgage Rates Rise Slightly


The average 30 year mortgage rates rose slightly this past week. According to a new report out by Freddie Mac, the nationwide average for 30 year mortgages rose to 3.83%. Last week the rates were at 3.80% The mortgage rates

Freddie Mac Launches Mortgage Program with 97 Percent LTV


The new Home Possible Advantage (SM) program of Freddie Mac is designed to provide mortgage loans with maximum loan-to-value ratio of 97%. This will enable borrowers to make a down payment of just 3%. The program is designed to assist

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