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Freddie Mac says mortgage rates dropped this week for the first time in four weeks. The McLean-based mortgage buyer says the average fixed 30-year loan fell to 5.38 percent for the week ending June 18, from 5.59 percent a week ago. A year ago, 30 ...

Freddie Mac: Mortgage rates finally fall - Birmingham Business Journal

Mortgage rates took a sharp drop in the past week, providing needed help for a housing industry that had seen a dropoff in buyers as borrowing costs have escalated. The rate for a 30-year fixed dropped 0.21 percentage points to an average 5.38 ...

Mortgage Rate Dips to 5.38%, Easing Pressure on Housing - CNBC

June 18 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities rose for a second day, exceeding increases in benchmark Treasuries and suggesting a recent decline in interest rates on new home loans is reversing. Yields on Washington ...

Mortgage-Bond Yields Rise for Second Day, Suggesting Rate Rise - Bloomberg

SPECIALIST mortgage provider Rams Home Loans will raise interest rates on some of its fixed home loans today, but plans no changes to its variable rates. Rams also said it expected to double its franchise distribution network over the next two years ...

Rams raises rates - News.com.au

Rates for 30-year home loans fell back this week after soaring to the highest level in seven months a week earlier. The average rate for a 30-year fixed mortgage was 5.38 percent this week, down from 5.59 percent a week earlier, mortgage company ...

Mortgage rates fall back from 7-month high - MSNBC

NEW YORK (CNNMoney.com) -- Home mortgage rates sank sharply last week, retreating from a recent run-up that peaked the previous week. The 30-year fixed slipped to 5.76% from 5.95%, according to a report released Thursday. The average 15-year mortgage ...

Mortgage rates retreat - CNN Money

Fixed U.S. mortgage rates fell for the first time in four weeks easing concern higher borrowing costs would discourage refinancing and deepen the housing slump. The average 30-year rate dropped to 5.38 percent from 5.59 percent a week earlier ...

Mortgage rates drop - Asbury Park Press

It's true: A 40-year mortgage can make your monthly house payment more affordable. But mortgage brokers say such long-term loans generally aren't the best choice for most borrowers because they typically come with a higher interest rate and cost more ...

Is the 40-Year Mortgage a Joke? - CNBC

Home sales here rose 10 percent in May, according to the Wilmington Regional Association of Realtors. Mayâ€™s 361 sales were the highest number of homes to close in one month since last September, according to the Realtorsâ€™ data. They reversed a ...

Wilmington area home sales up 10% in May - Star News Online

Freddie Mac says mortgage rates dropped this week for the first time in four weeks. The McLean, Va.-based mortgage buyer says the average fixed 30-year loan fell to 5.38 percent for the week ending June 18, from 5.59 percent a week ago. A year ago ...

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