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mortgage rates continued to plunge to new lows this week, with interest rates on the 15-year fixed rate mortgage dipping below 3% for the first time on record.
30-year fixed mortgage rate hovers above all-time low; current rate is 3.6%, according to zillow mortgage rate ticker
seattle -- the 30-year fixed mortgage rate on zillow(r) mortgage marketplace is currently 3.6 percent, down three basis points from 3.63 percent at this same time last week, but slightly above the all-time ...
low mortgage rates attracting more short-term borrowers
with the 15-year rate in sub-3% territory, about 3 in 10 refinancers are opting for loans of less than 30 years. traditional 30-year fixed-rate loans are averaging 3.75%, a record low for the fifth straight week. as mortgage rates sink deeper into record territory, homeowners are refinancing into 15-year loans at a pace not seen in a decade, aiming to pay off their debt in time for retirement.
april mortgage approvals highest since jan
london (reuters) - country's mortgage approvals for house purchase and mortgage lending were at their highest since january last month, but britons repaid their credit card bills at the fastest rate in more than five years, bank data showed on wednesday. the central bank said mortgage approvals numbered 51,823 in april, up from 51,067 in march. analysts had forecast a reading of 50,100. mor...
