Tag: Adjustable Rate Mortgages
Treasury Bills Fall to Record Lows At Auction
Interest rates on short-term Treasury bills fell in Monday’s auction with rates on both three-month and six-month bills dropping to the lowest levels on record.
The Treasury Department auctioned $27 billion in three-month bills at a discount rate of 0.150 percent, down from 0.355 percent last week. Another $27 billion in six-month bills was auctioned at [...]
Posted: November 17th, 2008 under Federal Reserve, Money, Treasury Bills, US Economy, US Treasury.
Tags: Adjustable Rate Mortgages, Auction, Current, Face Value, Federal Reserve, Interest Rates, Investors, Market Turmoil, Time Lows, Treasury Bills, Treasury Department, Treasury Index, Treasury Securities
Comments: none
30-year Fixed Mortgage Rates Hold Fast
Rates on 30-year mortgages didn’t budge this week, while rates on other home loans were a mixed bag.
Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.52 percent for the week ending Aug. 7. That was the same as last week’s rate, which marked the second-highest of the year. The highest — [...]
Posted: August 7th, 2008 under Money, Mortgage Lending, Personal Finance, Real Estate, US Economy.
Tags: 15 Year Mortgage Rates, 30 Year Fixed Mortgage Rates, 30 Year Fixed Rate Mortgages, Adjustable Rate Mortgages, Chief Economist, Drag On, Economic Activity, Fixed Mortgage Rates, Fixed Rate Mortgages, Freddie Mac, Home Loans, Housing Market, Mortgage Company, Msnbc, Record Highs, Ticket Purchases, Week Ending July, Year Fixed Mortgage, Year Fixed Rate Mortgages, Year Mortgage
Comments: 4
Feds to Unveil New Mortgage-help Plan
At-risk borrowers with all types of mortgages, not just high-cost subprime loans, could be eligible for help under a new plan involving six big home lenders. The plan, called Project Lifeline, will be announced Tuesday by the Treasury Department and the Department of Housing and Urban Development, said a person familiar with the plan who [...]
Posted: August 2nd, 2008 under HUD, Mortgage Lending.
Tags: Adjustable Rate Mortgages, Bank Of America, Bank Of America Corp, Citigroup Inc, Conventional Mortgages, Countrywide Financial, Countrywide Financial Corp, Delinquent Homeowners, Department Of Housing And Urban Development, Henry Paulson, Home Lenders, Housing And Urban Development, Jpmorgan Chase, Mortgage Lenders, New Mortgage, Pilot Basis, Subprime Borrowers, Teaser Rates, Treasury Secretary Henry Paulson, Washington Mutual, Washington Mutual Inc
Comments: 1
New Mortgage-Related Tax Breaks for 2007
Two New 2007 Tax Breaks Help Homeowners Struggling With Mortgage Payments
In a year of bad mortgage news, there’s a bright spot or two for homeowners: Foreclosure comes with a tax break, and 2007 mortgage insurance payments may be tax-deductible.Congress acted on both provisions late last year, extending the mortgage insurance deduction for three more years [...]
Posted: January 20th, 2008 under Loans, Money, Mortgage Lending, Real Estate.
Tags: Adjustable Mortgages, Adjustable Rate Mortgages, Borrower Defaults, First Nine Months, First Time Buyers, First Time Homebuyers, Government Mortgage, Homeowners Insurance, Insurance Payments, Moderate Income Homeowners, Mortgage Finance Publications, Mortgage Insurance Companies, Mortgage News, Mortgage Payments, Mortgage Protection Insurance, New Mortgage, New Tax Break, Private Lenders, Residential Mortgage Business, Teaser Rates
Comments: 1