Lastest Mortgages News

Adjustable mortgages back in fashion?
The adjustable mortgage, blamed in part for the hosuing debacle, is making a modest return. DataQuick reports that 10% of Orange County homebuyers who financed their home purchaces in May used some sort of adjustable mortage — the highest level of…
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US rates on 30-yr fixed mortgages decline to lowest level in 5 decades
NEW YORK, N.Y. – Mortgage rates in the U.S. fell for the second straight week to the lowest point in five decades, but it may not be enough to
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Low Rates Lead To Refinancing Rush
Many people try to improve their finances by refinancing home mortgages while interest rates are low.
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Summary Box: Mortgage Rates Sink to 4.57 Pct
Average rates on 30-year fixed mortgages fall to 4.57 pct., lowest level since mid-1950s Mortgage – Business – United States – Financial Services – 1950s
Read more on ABC News