by admin | Dec 18, 2008 | News
WASHINGTON – Dec. 18, 2008 – Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates and help stabilize the battered U.S. housing market. Under one proposal, Treasury would seek to lower the rate on a 30-year mortgage to...
by admin | Dec 18, 2008 | News
Thirty-year fixed-rate mortgages interest rates fell to their lowest level on record, according to Freddie Mac’s Primary Mortgage Market survey released Dec. 18. The national average interest rate for 30-year fixed-rate mortgages was 5.19 percent for the week ending...
by admin | Dec 3, 2008 | News
TALLAHASSEE, Fla. – Dec. 3, 2008 – Florida’s bankers and credit unions announced Monday that they’d suspend foreclosing on homeowners for the next 45 days. Gov. Charlie Crist called a press conference to announce the halt in foreclosures, but neither he nor the...
by admin | Dec 3, 2008 | News
WASHINGTON – Dec. 3, 2008 – For the second year in a row, Realtors® report that exterior remodeling projects return the most money as a percentage of cost, as detailed in the 2008 Remodeling Cost vs. Value Report. On a national level, wood deck additions and all types...
by admin | Dec 1, 2008 | News
WASHINGTON – Dec. 1, 2008 – Rates on 30-year mortgages sank for a fourth straight week, falling below 6 percent for the first time since early October, and are heading lower due to the government’s massive new effort to aid the U.S. housing market. Further drops are...
by admin | Nov 27, 2008 | News
WASHINGTON (AP) – Nov. 14, 2008 – Mortgage rates dropped for a second straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac, the mortgage giant, reported Thursday that rates on 30-year, fixed-rate mortgages averaged...
