Royal Bank of Scotland pulls petty mortgage stunt

Royal Bank of Scotland pulls petty mortgage stunt

Here's why we shouldn't be surprised

Foreclosure timelines in California, Nevada stay lengthy

Moody’s: Gradual decline to start in early 2016

What immigration reform means for housing

Growth potential among immigrants is substantial
W S

Items Tagged with 'Interest rates'

ARTICLES

Low interest rates drive refinances to six-month high

Interest rates fall again
Ben Lane
"Low rates are creating opportunities for homeowners to either lower their payments or capitalize on their homes’ equity," said Jonathan Corr, president and COO of Ellie Mae.
Read More

Zillow: Mortgage rates fall further below 4%

Continues at sub-4% level for seventh week in a row
Ben Lane
Current rate borrowers were quoted an average interest rate of 3.82% on Zillow’s Mortgage Marketplace in the week that ended Tuesday, down from last week’s figure of 3.9%.
Read More

Freddie Mac: 5 game-changing predictions for 2015

Interest rates to hit 5.5% in 2016
Brena Swanson
According to a new report, the U.S. economy is well poised to sustain about a 3% growth rate for 2015. As a result, here are five predictions for the housing market in 2015, including where interest rates will go and whether or not home sales will increase.
Read More

Zillow: Mortgage rates below 4% for sixth consecutive week

Expects rates to remain at current level
Ben Lane
Current rate borrowers were quoted an average interest rate of 3.9% on Zillow’s Mortgage Marketplace in the week that ended Tuesday, which equaled the previous week’s figure of 3.9%.
Read More

Zillow: Mortgage rates spike as QE3 ends, but remain below 4%

End of QE3 sends shockwaves
Current rate borrowers were quoted an average interest rate of 3.9% on Zillow’s Mortgage Marketplace in the week that ended Tuesday. When the QE3 officially ended last Wednesday, the 30-year FRM interest rate shot up, peaking at 4.15% on Thursday before settling back down to 3.9%.
Read More

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you
Trey Garrison
The cost of originating mortgages and loan production is officially ridiculous and a question that arose at the Mortgage Bankers Association’s convention and expo last week was “Are record low mortgage rates masking from borrowers the high cost of mortgages?”
Read More

QE3 ends, how long until interest rates rise?

Hensarling: "The end of QE is good news"
Brena Swanson
The market expected the announcement of the end of quantitative easing Wednesday, putting an end to a more than two-year-old asset purchase program. Now the market is left to adjust for where the next step could potentially be.
Read More

Zillow: Mortgage rates remain at 16-month low

Rates below 4% for third week in a row
Ben Lane
Current rate borrowers were quoted an average interest rate of 3.81% on Zillow’s Mortgage Marketplace in the week that ended Tuesday, which equaled the previous week’s figure of 3.81%.
Read More

Mortgage applications jump 5.6% on lower interest rates

Refinancings climb to 59% of share
Trey Garrison
Mortgage applications increased 5.6% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending October 10, 2014.
Read More

Zillow: Mortgage rates drop to 16-month low

30-year, fixed mortgage continues to fall
Ben Lane
Current rate borrowers were quoted an average interest rate of 3.81% on Zillow’s Mortgage Marketplace in the week that ended Tuesday, down from 3.96% in the previous week.
Read More