Long-term mortgage rates fell to the lowest level of the year this week, after dropping for five consecutive weeks. » Read more…
Tag Archives: tax credit
Freddie Mac: Mortgage rates at lowest level of the year
Posted by MORTGAGE BLOG NEWS on March 4, 2011
None comments
June 30 Deadline Looms for House Buyers
Posted by MORTGAGE BLOG NEWS on March 4, 2011
None comments
The next few weeks are crucial for home buyers who need to close on a house before the end of June to claim the federal home-buyer tax credit. A hiccup during the next month could cost a buyer thousands of dollars.
“If for some unforeseen reason you end up closing on July 1, you lose out on the tax credit,” says John T. Walsh, president of Total Mortgage Services in Milford, Conn. » Read more…
US mortgage rates steady at or near record lows
Posted by MORTGAGE BLOG NEWS on March 3, 2011
None comments
U.S. mortgage rates stayed at or near record lows in the past week, with the 30-year fixed rate 1/2 percentage point lower than a year ago, home funding company Freddie Mac (FRE.N)(FRE.P) said on Thursday. » Read more…
MBA Mortgage Applications Index in U.S. Increased 18% Last Week
Posted by MORTGAGE BLOG NEWS on March 3, 2011
None comments
An index of mortgage applications in the U.S. jumped 18 percent as refinancing rose to the highest level in a year and purchases increased for the first time in six weeks. » Read more…
U.S. reports fewer enrollees, more dropouts in federal mortgage relief program
Posted by MORTGAGE BLOG NEWS on March 3, 2011
None comments
The Obama administration’s marquee foreclosure-prevention initiative continues to struggle, as government data released Monday show that fewer homeowners are enrolling in the program and more are losing their federal mortgage aid. » Read more…