Latest Adjustable-rate mortgage Stories
NEW YORK, Dec. 27, 2012 /PRNewswire/ -- Following last week's jump, mortgage rates pulled back this week, with the benchmark 30-year fixed mortgage rate sliding to 3.59 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.34 discount and origination points. (Logo: http://photos.prnewswire.com/prnh/20040122/FLTHLOGO) To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/. The average 15-year...
LOS ANGELES, Nov. 28, 2012 /PRNewswire-iReach/ -- Record low mortgage rates have encouraged many Americans to refinance their mortgage this year, and the most popular option by far has been the Federal Housing Administration's (FHA) Streamline Refinance. (Photo: http://photos.prnewswire.com/prnh/20121128/CG20393) Just how popular is this option? According to the FHA, 84% of all refinances this year have been through this program. Plus, closings for Streamline Refinances more than...
CHARLOTTE, N.C., May 23, 2012 /PRNewswire/ -- LendingTree, LLC, the nation's leading online source for competitive loan offers, today announced that 30-year fixed-rate loans have become increasingly popular, but recent data and current market conditions are proving that an adjustable-rate loan to be a more valuable alternative, offering substantially higher savings. With Adjustable Rate Mortgages (ARM) representing only about 7% of new loan originations in the market, many...
CHARLOTTE, N.C., April 9, 2012 /PRNewswire/ -- According to the LendingTree Monthly Mortgage Review, average mortgage rates inched up in March, while more borrowers than ever took advantage of low Federal Housing Administration (FHA) loan rates. Even with the slightly higher rates experienced by the market in March, the average FHA 30-year fixed rate was just 3.85 percent, almost 50 basis points lower than the average rate for a 30-year fixed rate mortgage in the same time period....
CHARLOTTE, N.C., March 6, 2012 /PRNewswire/ -- Though average mortgage rates remained stable for February, according to the LendingTree Monthly Mortgage Review, high rate variance between lenders, new government programs for homeowners, and the decline in mortgage costs are combining for a spring season that could leave lenders flush with volume. (Logo: http://photos.prnewswire.com/prnh/20110518/MM04455LOGO ) When combined with historically low rates and declining home prices,...
CHARLOTTE, N.C., Feb. 2, 2012 /PRNewswire/ -- Despite historic lows, LendingTree says that lending institutions continue to hamper housing market growth by restricting access to credit. (Logo: http://photos.prnewswire.com/prnh/20110518/MM04455LOGO ) According to the LendingTree Monthly Mortgage Review - which tracks the lowest and average mortgage rates offered by lenders on the LendingTree network, offers an industry overview and provides an outlook for the month...
CHARLOTTE, N.C., Dec. 28, 2011 /PRNewswire/ -- Average mortgage rates rose slightly week-over-week according to the LendingTree Weekly Mortgage Rate Pulse, which tracks the lowest and average mortgage rates offered by lenders on the LendingTree network. (Logo: http://photos.prnewswire.com/prnh/20110518/MM04455LOGO) On December 27, average mortgage rates offered by LendingTree network lenders were 4.34 percent (4.65% APR) for 30-year fixed mortgages, 3.56 percent (4.03%...
NEW YORK, Dec. 22, 2011 /PRNewswire/ -- The 30-year fixed mortgage rate ticked higher from last week's record low to 4.2 percent, but is at the second-lowest level on record, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.35 discount and origination points. (Logo: http://photos.prnewswire.com/prnh/20040122/FLTHLOGO ) To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/. The average...
CHARLOTTE, N.C., Dec. 20, 2011 /PRNewswire/ -- Average mortgage rates fell once again week-over-week according to the LendingTree Weekly Mortgage Rate Pulse, which tracks the lowest and average mortgage rates offered by lenders on the LendingTree network. Because of heightened borrower confusion, LendingTree today is also releasing a list of the top five mortgage myths and explaining the truth that underlies each. (Logo: http://photos.prnewswire.com/prnh/20110518/MM04455LOGO ) On...
CHARLOTTE, N.C., Dec. 13, 2011 /PRNewswire/ -- Average mortgage rates declined week-over-week according to the LendingTree Weekly Mortgage Rate Pulse, which tracks the lowest and average mortgage rates offered by lenders on the LendingTree network. (Logo: http://photos.prnewswire.com/prnh/20110518/MM04455LOGO ) On December 12, average mortgage rates offered by LendingTree network lenders were 4.27 percent (4.55% APR) for 30-year fixed mortgages, 3.47 percent (3.91% APR) for...
