Tag: Fixed Rate Mortgages
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
Housing Rescue Package Set for House Vote
A broad housing rescue package aimed at preventing foreclosures would have the government step in to insure up to $300 billion in new mortgages for struggling homeowners. The plan, designed to stabilize a key sector of the shaky economy, is set for a House vote Wednesday. It would let the Federal Housing Administration insure more [...]
Posted: May 11th, 2008 under FHA, Loans, Money, Mortgage Lending, Personal Finance, Real Estate, US Treasury.
Tags: Barney Frank, Fannie Mae, Fannie Mae And Freddie Mac, Federal Housing Administration, Federal Reserve Chairman, Federal Reserve Chairman Ben Bernanke, Finance Agencies, Financial Services Committee, Fixed Rate Loans, Fixed Rate Mortgages, Gop Leaders, Government Step, Henry M Paulson, Local Housing Finance, Mortgage Insurer, Republican Support, Subprime Mortgages, Substantial Losses, Tax Exempt Bonds, Treasury Secretary
Comments: none