30-Year Fixed Mortgage Rate Rises After Hitting Six-Month Low Last Week; Current Rate is 4.36, According to Zillow …

June 12, 2011 by  
Filed under Mortgage

10 a.m. Pacific–SEATTLE–The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.36 percent, up three basis points from 4.33 percent at this same time last week. The 30-year fixed mortgage rate fluctuated between 4.31 percent and 4.34 for the majority of the week, and then peaked at 4.38 percent early this morning…
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Source: PitchEngine
Date Published: 7th June 11

RBA spares mortgage holders for another month

June 11, 2011 by  
Filed under Mortgage

Mortgage holders have been spared an interest rate rise after the Reserve Bank today decided to leave rates on hold for the sixth straight meeting.
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Source: The Advocate
Date Published: 7th June 11

Fitch Takes Various Actions on HomeBanc Mortgage Trust 2005-2

June 11, 2011 by  
Filed under Mortgage

Fitch Ratings has taken various rating actions on HomeBanc Mortgage Trust 2005-2, a U.S. RMBS transaction consisting of floating rate second lien loans with original maturities of 20 years.
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Source: Business Wire via Yahoo! Finance
Date Published: 8th June 11

RBA spares mortgage holders

June 10, 2011 by  
Filed under Mortgage

Mortgage holders have been spared an interest rate rise after the Reserve Bank today decided to leave rates on hold for the sixth straight meeting.
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Source: Straight Furrow
Date Published: 7th June 11

Indy-area mortgage delinquency rate drops in March

June 10, 2011 by  
Filed under Mortgage

The mortgage delinquency rate in the Indianapolis area continued its general downward trend in March.
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Source: The Indianapolis Star
Date Published: 6th June 11

Fixed mortgage rates at record low

June 10, 2011 by  
Filed under Mortgage

The interest charged on short-term fixed rate mortgages fell to a record low during May as lenders passed on reductions in their own funding costs to borrowers, figures showed today.
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Source: Independent
Date Published: 9th June 11

Mortgage rates keep falling

June 10, 2011 by  
Filed under Mortgage

The 30-year fixed rate sinks below 4.5% for the first time since December, Freddie Mac’s survey says. How low can they go?
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Source: Los Angeles Times
Date Published: 10th June 11

Falling Mortgage Rates Spur Serial Refinancing

June 10, 2011 by  
Filed under Mortgage

By Diana Olick, CNBC Real Estate Reporter NEW YORK (CNBC) — Andrew and Peggy Sheren can’t resist a good deal, especially when it comes to financing their McLean, Virginia home. “We’ve gone from an interest rate from something like greater than 6% down to the lowest interest rate we currently have of three and an eighth percent,” Andrew remembers. They have refinanced their home four times in …
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Source: TheStreet.com
Date Published: 8th June 11

Should I Switch Mortgage Lenders?

June 9, 2011 by  
Filed under Mortgage

default Should I Switch Mortgage Lenders?
Rates have went down and my lender can’t get me a better rate because I am already locked in.” Do I switch lenders? What do I do?

Brookdale Executes Term Sheet for $417 Million Mortgage Loan

June 9, 2011 by  
Filed under Mortgage

Brookdale Senior Living Inc. announced today that it has entered into a term sheet and is engaged in negotiations with Oak Grove Capital for an approximately 7.0 million mortgage loan, which is expected to close in July 2011. Â The Company anticipates that 75% of the proposed loan will bear interest at a fixed rate of approximately 4.11%, with the remaining 25% bearing interest at a variable …
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Source: PR Newswire via Yahoo! Finance
Date Published: 8th June 11

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