Average Mortgage Interest Rate As always, if something sounds too good to be true, it probably is.

Average Mortgage Interest Rate

average mortgage interest rate

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mortgage rates slide to record lows

mortgage rates continue to drop well below 4 percent. the average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this mba series. the purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period.

mortgage rates fall to new records

mortgage rates for 30-year loan now stand at 3.78 percent. fixed mortgage rates for 15-year loans are unchanged at 3.04 percent, a record low.

uk mortgage holders feeling the squeeze

according to one report, consumers are more than £100 (s$201) worse off than during the same period in 2011, while a consumer sentiment survey revealed that mortgage holders are feeling the pinch from recent interest rate hikes.

mortgage lenders face risk and additional cost of doing business

kroll factual data, inc. , a leading provider of independent verification services to mortgage lenders, banks, credit unions and property management firms, announced today that more than 14 percent of the loan files processed by kroll factual data in 2011, and in the first quarter of 2012, contained certain applicant-provided information that suggested the possibility of fraudulent activity.