CORRECT: U.S. Mortgage Rates Edge Lower To 6.37%: Freddie Mac (Nasdaq)
U.S. mortgage rates edged lower in the week ending Thursday, with the national average on the benchmark 30-year, fixed-rate loan hitting 6.37% vs. 6.42% a week earlier, Freddie Mac said in its weekly survey.
UPDATE: Spain PM Zapatero: Euribor Reference Rate Has Peaked (Nasdaq)
(Adds background.) MADRID (Dow JOnes)--Spanish Prime Minister Jose Luis Rodriguez Zapatero said Thursday that the rise in Spain's key mortgage lending reference rate has come to an end.
VIENNA, Austria - The European Central Bank held its benchmark interest rate steady at 4 percent on Thursday amid a ... (WIBW-TV Topeka)
The Bank of England also stood firm on its key rate, keeping it at 5.75 percent as analysts said the banks wanted more time to assess how deep an impact the U.S. subprime mortgage morass would have on consumer and economic confidence.
US MBA Mortgage Survey Table Of Current Interest Rates (The Forex Market)
Change in Contract Rate (bps) Effective Total Contract 1 Week 4 Weeks 1 Year Rate Points Rate Ago Ago Ago 30-Year Fixed 6.54 1.08 6.32 -5 -9 8 15-Year Fixed 6.21 1.07 5.95 -11 -15 9 7-Year Balloon 5.72 0.80 5.52 -12 -14 -64 5-Year Balloon 6.16 1.01 5.91 -34 -1 -71 ARM, 1-Yr Tsy 6.43 0.89 6.21 12 -31 35 FHA 203 (b) 6.60 1.10 6.41 -7 -13 20 All rates except FHA 203(b) are for 80% loan-to-value ...
Hot Mortgage Trends (Benton Evening News)
(ARA) - Rates are up, rates are down. It's a buyer's market, it's a seller's market. If the housing market seems like a roller coaster for would-be buyers, that's because it is. But understanding the most current trends can help buyers know when to get on -- or off -- the ride.