Category Archives: Mortgage Rates

← Older posts

Mortgage Rates Set Fresh 2011 Low After Jobs Report

Posted on by Greg Frost Jr.

With employers adding far fewer private-sector jobs than anticipated, the latest Freddie Mac data show home loan rates fell for an eighth consecutive week to a new low for the year. The 30-year fixed mortgage averaged 4.49 percent, down from … Continue reading

Share
Posted in Economy, Home loans, Mortgage News, Mortgage Rates | Leave a comment

Fixed-rate mortgages dip even lower to 4.32 percent

Posted on by Greg Frost Jr.

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), and for yet another week, fixed-rate mortgages reached record lows, as did the five-year adjustable rate in this survey. The 30-year fixed-rate survey began in 1971, the 15-year … Continue reading

Share
Posted in Mortgage News, Mortgage Rates | Leave a comment

Steady Low Rates Drive Refi Activity

Posted on by Greg Frost Jr.

Rates hovering near historic lows spurred refinance application activity to its highest level in 15 months, the Mortgage Bankers Association reported in its Weekly Mortgage Applications Survey for the week ending August 13.  The Market Composite Index, driven by refinancings, … Continue reading

Share
Posted in Economy, Mortgage Rates | Leave a comment

Mortgage Rate Falls Under 4.5 Percent

Posted on by Greg Frost Jr.

Mortgage Rate Falls Under 4.5 Percent Freddie Mac reports that long-term mortgage rates moved south again this week. Interest on 30-year fixed loans hit a new low of 4.49 percent, compared to 4.54 percent last week and 5.22 percent a … Continue reading

Share
Posted in Mortgage News, Mortgage Rates | 1 Comment

Freddie Mac: Mortgage rates fall to new lows

Posted on by Greg Frost Jr.

Long-term mortgage rates fell again this week, with both 30-year and 15-year fixed-rate mortgages at the lowest levels since McLean, Va.-based Freddie Mac began keeping track. The average rate on a 30-year fixed-rate mortgage in the week ending July 22 … Continue reading

Share
Posted in Announcements, Economy, Mortgage News, Mortgage Rates | 1 Comment

Rates are even lower and tax credits may be extended

Posted on by Greg Frost Jr.

It’s a busy week in the news for potential homebuyers. First, both 15-year and 30-year loans hit record lows for the second week in a row. Second, as Reuters reports, the tax credit extension has passed a key hurdle: The … Continue reading

Share
Posted in Economy, First-Time Homebuyer, Home Buying, Home loans, Home prices, Home sales, Homebuying, Mortgage / Credit, Mortgage Approval Process, Mortgage Guidelines, Mortgage Rates, Tax Credits | Leave a comment

FHA: Reverse mortgage support is crucial

Posted on by Greg Frost Jr.

Reverse mortgage programs operated by Housing and Urban Development (HUD) require help to continue, the Federal Housing Authority (FHA) told a House subcommittee recently, Reverse Mortgage Daily reports. In testimony, an FHA assistant secretary said that, without support, HUD will … Continue reading

Share
Posted in Federal Housing Administration, FHA, Mortgage Programs, Mortgage Rates, Mortgage rule changes, Mortgage rules, Mortgage tips, Real Estate News, Reverse Mortgage, Reverse Mortgage News | Leave a comment

Home loans: Many leap without looking

Posted on by Greg Frost Jr.

As buyers rush to take advantage of the homebuyer tax credit, an important fact is being highlighted: Moving too quickly can be costly. You may race to get the tax credit but end up losing more than that in a … Continue reading

Share
Posted in Economy, Home sales, Homebuying, Mortgage / Credit, Mortgage Approval Process, Mortgage News, Mortgage Rates, Mortgage tips, News, Real Estate News, Saving Money, Tax Credits | 1 Comment

Mortgages are available despite confusing news

Posted on by Greg Frost

We’re watching a slew of housing news from around the country and seeing mixed outlooks. National Mortgage News Online reports (here; subscription required) that housing starts were up slightly nationally, pointing to increased stability. In places like Southern California, where … Continue reading

Share
Posted in Economy, First-Time Homebuyer, Mortgage Banker News, Mortgage Programs, Mortgage Rates, Real Estate News | Leave a comment

Home buyers can save today by not trying to "time the market"

Posted on by Greg Frost

Though the jury’s out on where we stand in terms of an overall economic recovery, mortgage rates remain historically low and tax incentives remain intact. There’s arguably never been a better time to purchase a home. That being said, here … Continue reading

Share
Posted in Announcements, Economy, First-Time Homebuyer, Mortgage / Credit, Mortgage Guidelines, Mortgage Rates, Real Estate News, Saving Money | Leave a comment ← Older posts
  • Greg Frost's Corner

    I recently attended the annual Mortgage Bankers Association lobbying day in D.C. with 5 of my industry colleagues from New Mexico. It was a very insightful experience. It is apparent to me that there is a prevailing feeling in both the House and Senate, along with the Executive Branch, that our government should reduce [...]

    More...

  • Frost Mortgage News

  • How Can We Help You?

  • Greg Frost Online

    You can benefit from Greg’s experience as a top mortgage originator or as a professional trained in the field of persuasion and sales. Greg Frost Sr. was the industry’s first billion-dollar originator.

    More...    

  • Valuable Financial Updates

    Want to stay in touch with us to receive the most recent changes in mortgage rates and other important financial details? Subscribe to our weekly updates here.