by Dan Polimino | Jun 13, 2009 | Financing
Higher interest rates put the brakes on mortgage refinancing this week, according to Freddie Mac.
by Dan Polimino | Apr 24, 2009 | Financing
Mortgage lenders will begin making loans between $625,500 and $729,750 in high-cost housing markets now that Fannie Mae and Freddie Mac have issued their underwriting standards. Fannie Mae and Freddie Mac have said they will begin buying loans up to the new...
by Dan Polimino | Apr 15, 2009 | Financing
For those of you that follow my column in the Denver Post you know that I tout FHA loans all the time particularly for first time home buyers. Here is some good information about how FHA loans are becoming more and more popular. “Federal Housing Administration...
by Dan Polimino | Apr 10, 2009 | Financing
Freddie Mac reports a jump in the 30-year fixed mortgage rate to 4.87 percent during the week ended April 9 from record lows posted during the last couple of weeks. The 15-year fixed mortgage rate climbed to 4.54 percent from 4.52 percent. Meanwhile, the five-year...
by Dan Polimino | Mar 12, 2009 | Financing
Average mortgage rates dipped below 5 percent last week, driving mortgage application volume up 11.3 percent to 723.4 from 649.7 the previous week on an adjusted basis, according to the Mortgage Bankers Association weekly survey. On an unadjusted basis, the index...
by Dan Polimino | Feb 28, 2009 | Financing
Freddie Mac reports an increase in the 30-year fixed mortgage rate to 5.07 percent for the week ended Feb. 26. Rates rose slightly, from 5.04 percent the prior week. “Mortgage rates were little changed this week amid mixed data reports of a slowing...
