Mortgage and Financial News From 2010-7-1 Page 01
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Mortgage rates drop to another low, 4.58 percent
Consumers aren't rushing to refinance their loans or buy homes.
2010-07-01 01:31:34 -
Business update: Data suggest recovery is fizzling - Thu, 01 Jul 2010 PST
Fears that the economic recovery is fizzling grew Thursday after the government and private sector issued weak reports on a number of fronts. Unemployment claims are up, home sales are plunging without government incentives and manufacturing growth is slowing.
2010-07-01 02:30:37 -
gua: Questions of debt, and more debt
While I'm away for a short vacation, I'd like to pass along some interesting questions - and answers - about debt that came up in a recent online discussion.
2010-07-01 03:05:55 -
Mortgage rates drop to another low, 4.58 pct.
The last time they were cheaper was the 1950s. WASHINGTON - Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren't rushing to refinance their loans or buy homes.
2010-07-01 03:21:05 -
Mortgage Bond Holders Worry About Prepayments, Fresh Supply
Mortgage Bond Holders Worry About Prepayments, Fresh Supply
2010-07-01 03:44:42 -
Mortgage Rates Drop to Another Low, 4.58 Pct.
WASHINGTON (AP) Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren't rushing to refinance their loans or buy...
2010-07-01 03:55:23 -
Responsible Homeowners Drown in Debt With No Offer of Help
RISMEDIA, July 2, 2010(MCT)Scott Katzer owes about $200,000 more than his Fort Lauderdale home is worth. Unable to sell anytime soon, he wants to reduce his monthly mortgage payment by refinancing to a lower interest rate. Katzer doesnt qualify under
2010-07-01 04:23:01 -
Mortgage rates drop to another record low -- 4.58 percent
Freddie Mac said Thursday the average rate for 30-year fixed loans sank to 4.58 percent this week. Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren't rushing to refinance their loans or buy homes.
2010-07-01 05:05:05 -
Summary Box: Mortgage Rates Drop to 4.58 Pct
Average rates on 30-year fixed mortgages fall to 4.58 pct., lowest level since mid-1950s Mortgage - Business - United States - Financial Services - Refinancing
2010-07-01 05:14:07 -
Mortgage rates fall to 50-year low
Tighter lending stanards and home-equity losses keep many on sidelines
2010-07-01 05:17:40 -
Energy savers, loan losers
Fannie Mae, Freddie Mac balk at approving loans for owners who tap into stimulus funds
2010-07-01 05:31:01 -
Business Highlights
Initial claims for unemployment benefits rose last week for the second time in three weeks. At the same time, more than a million people have lost benefits and more could be cutoff now that Congress has failed to extend...
2010-07-01 05:33:31 -
Mortgage rates hit record lows. Why aren't Americans borrowing?
Mortgage rates fell to a 54-year low this week. But home purchases declined.
2010-07-01 05:44:02 -
Business Highlights
New jobless claims rise in sign of weak job market
2010-07-01 05:48:00 -
Summary Box: Mortgage rates drop to 4.58 pct
SINKING RATES: Mortgage company Freddie Mac said Thursday the average rate for 30-year fixed loans sank to 4.58 percent this week, the lowest on records dating back to 1971. That's down from the previous record of 4.69 percent set last week.
2010-07-01 05:48:00