News from OCRegister:
Earlier this week, Freddie Mac released the results of its weekly mortgage survey, showing average fixed mortgage rates hitting new all-time record lows for the second consecutive week.
The 30-year fixed-rate mortgage has averaged below 4 percent all but one week since Dec. 8, 2011, helping to keep homebuyer affordability high.
Cathy Haney [...]
News from USA TODAY:
By Alex Veiga, Associated Press
Updated
LOS ANGELES – The percentage of U.S. homeowners behind on their mortgage payments dropped in the first three months this year to the lowest level since 2009.
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Some 5.78% of the nation’s mortgage holders were behind on their payments 60 days or more in the January-to-March quarter, [...]
News from The Durango Herald:
WASHINGTON � Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows last week, offering more incentive for Americans to buy or refinance homes.
Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan fell to 3.84 percent, the lowest since long-term mortgages began in the [...]
News from KLJB:
By Kirk HaverkampProvided by
What kind of credit score do you need to qualify for a mortgage? A new survey of bank executives by the Federal Reserve provides some answers.
It’s well-known that it’s harder to get a mortgage these days than it was back in the boom days of the housing bubble, when it [...]
News from USA TODAY:
By MARTIN CRUTSINGER, Associated Press
Updated
WASHINGTON – Average rates for 30-year and 15-year fixed mortgages fell to new record lows this week.
By Steven Senne, AP
A home for sale in Newton, Mass., in September 2011.
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Mortgage buyer Freddie Mac said Thursday that the average interest rate on 30-year loans fell to 3.84%, lowest [...]
News from KNDO/KNDU:
By Kirk HaverkampProvided by
What kind of credit score do you need to qualify for a mortgage? A new survey of bank executives by the Federal Reserve provides some answers.
It’s well-known that it’s harder to get a mortgage these days than it was back in the boom days of the housing bubble, when it [...]
News from NASDAQ:
What kind of credit score do you need to qualify for a mortgage? A new survey of bank executives by the Federal Reserve provides some answers.
It’s well-known that it’s harder to get a mortgage these days than it was back in the boom days of the housing bubble, when it seemed almost anyone [...]
News from San Francisco Chronicle:
Mortgage rates in the United States rose for the first time in four weeks, increasing borrowing costs as demand for housing is slow to recover.
The average rate for a 30-year mortgage climbed to 3.9 percent in the week ending Thursday from 3.88 percent, Freddie Mac said in a statement. The rate [...]
News from TIME:
Illustration by Alexander Ho for TIME
Credit requirements for home loans have remained very restrictive even as banks are offering credit cards and car loans to riskier borrowers. This has been pretty well-documented, but until now, nobody had actually crunched the numbers to figure out just how good your credit needs to be if [...]
News from Los Angeles Times:
WASHINGTON — How do you stack up as a potential mortgage candidate in this year’s increasingly tough underwriting environment? Do you have the right stuff — credit score, debt-to-income ratio, equity or down payment — to get you through the minefield?
A new statistical analysis, based on a large sample of all [...]