First-timers begin looking at houses again
The share of first-time home buyers dropped earlier this year to its lowest In Madison, Wis., rising interest rates and home prices knocked many first-time The average rate on a 30-year fixed-rate mortgage now stands at 6.16
Fixed morgage - National real estate decline skips over Montrose
In July the national average commitment rate for a 30-year, low debt and where the borrower takes on a five-year fixed An interest only morgage is worse Times Online - Borrowers on fixed-rate deals will see no change in their in
Red storm rising for many homeowners
Consider refinancing to a 30-year fixed-rate mortgage, which currently runs at about a 6% interest rate per year--historically, still a very good deal. You'll surely face some upfront refinancing costs--and make sure there isn'ta pricey
Massachusetts Mortgage Trouble: Foreclosures Up 300 Percent in
By the end of the year, Massachusetts could surpass its 1991 record for the number of that often offer a low initial interest rate and low monthly payments, rate mortgages rather than a traditional 30-year, fixed-rate mortgage.
Southland home sales slowest since 1997, Prices up 1.7%
The Mortgage Bankers Association (MBA) reports : Refinance Applications Hit Highest Levels in Over a Year Click on graph for larger image. The average contract interest rate for 30-year fixed-rate mortgages increased to 6.02 from 5.98
2007 Home Sales Predictions
The 30-year fixed-rate mortgage is forecast to gradually increase to 6.7 percent by the fourth quarter of 2007. Last week, Freddie Mac reported the 30-year fixed rate dropped to 6.11 percent. The national median existing-home price for
Southland home sales slowest since 1997, Prices up 1.7%
The average contract interest rate for 30-year fixed-rate mortgages increased to 6.02 from 5.98 percent The average contract interest rate for one-year ARMs decreased to 5.76 percent from 5.79 From the WSJ: Homeowners Borrow Less
SDNY Notes Split within Second Circuit Re Whether Cash Balance
expressed as interest credits, which can either increase at a fixed rate or be tied to an extrinsic index, such as 30-year Treasury bonds. Employer contributions and interest credits are usually allocated to the accounts annually.
What is a fixed-rate mortgage?
Fixed rate mortgage is offered for two periods - 15 years and 30 years. The advantages of a 30-year mortgage include having a lot of time to repay, The disadvantages include a higher interest rate as compared to a 15-year
30 Year Fixed Mortgage Interest Rates
The 30-year fixed-mortgage interest rates averaged 6.36 percent during October 2006, compared with 6.07 percent in October 2005, according to Freddie Mac. Adjustable-mortgage interest rates averaged 5.55 percent in October 2006,
30+year+fixed+interest+rate: 30+year+fixed+interest+rate