Mortgage | refinancing

WASHINGTON – Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. Cheap mortgage rates have made home-buying and refinancing more affordable than ever for those who can qualify.Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ticked down to 3.83 percent.That’s the lowest since long-term mortgages began in the 1950s. And it’s    .. more …

WASHINGTON – Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. Cheap mortgage rates have made home-buying and refinancing more affordable than ever for those who can qualify.Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ticked down to 3.83 percent. That’s the lowest since long-term mortgages began in the 1950s. And it’s    .. more …

WASHINGTON (AP) ” Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. Cheap mortgage rates have made home-buying and refinancing more affordable than ever for those who can qualify.Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ticked down to 3.83 percent. That’s the lowest since long-term mortgages began in the 1950s. And    .. more …

Annaly Capital Management Inc. (NLY) Chief Executive Officer Mike Farrell was paid $35 million lastyear, more than the CEOs of the six largest U.S. banks, from JPMorgan Chase Co. (JPM) ‘s Jamie Dimon to Goldman Sachs Group Inc.’s Lloyd Blankfein , and more than double their averagecompensation. The bounty underscores the growing influence of real estateinvestment trusts that buy U.S. home-loan    .. more …

Peter Cole wrote: What exactly is Robert’s definition of “middle class”, and what percentage of Australian households fall into that definition? (BUDGET 2012: Ripping into middle Australia, May 8.) Ross Willis wrote: How dare you “rich” high income earners work hard and spend your twenties with little income getting an education to drag yourself out of the lower income area you were born in    .. more …

Average U.S.ratesfor 30-year and 15-year fixedmortgagesfell to fresh record lows this week, offering more incentive for Americans to buy or refinance homes.Mortgagebuyer Freddie Mac said Thursday that therateon the 30-year loan fell to 3.84 percent, the lowest since long-termmortgagesbegan in the 1950s. That’s below the previous recordrateof 3.87 percent reached in February.The 15-yearmortgage, a    .. more …

Mortgage rates averaged 3.84 percent for a 30-year fixed rate this week, down from 3.88 percent last week and beating the previous all-time low of 3.87 percent registered Feb. 9, according to a report    .. more …

Mortgage loan rates are touching new 60-year lows, but many consumers won’t be able to take advantage of them. The lower rates will likely spur some homeowners to re finance , economists say. But mortgage standards remain so tight that many people won’t qualify for a loan if they want to buy a house. Disappointing economic growth helped drive fixed 30-year mortgages down to an average of 3.84    .. more …

By MARTIN CRUTSINGER, Associated PressWASHINGTON (AP) – Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this 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 1950s. That’s below the previous    .. more …

WASHINGTON (AP) ” Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this 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 1950s. That’s below the previous record rate of 3.87 percent reached in    .. more …