Tag: Higher


Mortgage Rates Top 4 Percent For First Time in 3 Months, Could Go Higher

News from ABC News:

The average rate on a 30-year fixed mortgage has topped 4% for the first time since late October but the increase isn’t expected to derail budding signs of strengthening in the U.S. housing market.
Mortgage giant Freddie Mac said Thursday that the average rate on 30-year loans jumped to 4.08% this week, up [...]

Mortgage Interest Rates Move Higher: 15 Year Mortgage Interest Rates at 3.34%

News from MonitorBankRates.com:

Mortgage interest rates are slightly higher today. Current mortgage interest rates on 30 year home loans are averaging 4.06%, up from yesterday’s average mortgage interest rate of 4.04%. Today’s mortgage interest rates on 15 year home loans are averaging 3.34%, an increase from yesterday’s average 15 year mortgage interest rate of 3.33%.
Search and compare mortgage interest rates today [...]

Debt repayment, higher standards improve credit scores in Lower Hudson Valley …

News from The Journal News | LoHud.com:

Restrained spending, debt repayment and higher lending standards have led to improved credit scores nationally and in the Lower Hudson Valley.
“People hunkered down and took control of their payments and the debt they had,” said Frank Celentano, senior vice president and region manager of business and professional banking at [...]

YOUR CREDIT RESOURCE: Higher income does not improve your credit score

News from Rapid City Journal:

Q: I changed jobs, and now I’m earning more money. I thought if my income went up, my credit score would increase, but it didn’t. What affects my credit score?
A: Many people think that income is a factor in their credit score, but surprisingly, it’s not. Your credit score is based [...]

why isn’t your credit score higher?

News from Baltimore Sun:
Marlene Partridge and her husband have a six-figure retirement income, no debt and pay off their credit cards each month.
Yet when the 62-year-old former teacher from Idaho saw her credit score a couple of years ago, she was disappointed that it wasn’t near perfect.
“Are the very best credit scores reserved only for [...]

Mortgage Rates are Higher but not for Long: 30 Year Mortgage Rates at 4.05%

News from MonitorBankRates.com:
Conforming mortgage rates are higher and jumbo mortgage rates are lower this week over last. Average 30 year mortgage rates are at 4.05%, an increase from last week’s record low of 4.00%. Treasury yields are lower today which will send mortgage rates lower in the coming days. We might see 30 year conforming mortgage rates [...]

Higher US mortgage rates coming for costlier homes

News from Reuters:

Fri Sep 30, 2011 1:22pm EDT

* Government removes support at upper end of home market

* New limits on Fannie, Freddie loans from Saturday

* Conforming loan limit falls to $ 625,500 from $ [...]

Mortgage Rates: Today’s Mortgage Rates 8-28 Move Higher: 30 Year Mortgage …

News from MonitorBankRates.com:
Mortgage rates moved higher today after falling most of last week.  Average mortgage rates on 30 year mortgages are at 4.29%, an increase from yesterday’s average 30 year mortgage rate of 4.19%. Today’s mortgage rates on 15 year mortgage loans are averaging 3.51%, up from yesterday’s average 15 year mortgage rates of 3.42%. 
Search and compare mortgage rates [...]