With mortgage interest rates continuing to hover near record lows, the Federal Housing Finance Agency has announced big changes to the Home Affordable Refinance Program with the intention of making it easier for homeowners to save money by refinancing their loans at these rock-bottom rates. [More]
mortgate rates
Mortgage Rates Hit Yet Another Historic Low
By 9.16.11
Prospective home buyers seemingly can’t go wrong by waiting. As nearly each month passes and they build up their down payments, home prices continue to dip and mortgage rates set new record lows. According to Freddie Mac, 30-year fixed-rate home loans now average 4.09 percent, while 15-year fixed mortgages slid to 3.3 percent. [More]
