Loan Rate Update
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Loan Rate Update
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Latest News

Completed Loan Modifications by Fannie Mae Falls in July

2013-09-17T05:00:31+00:00

The number of completed loan modification by Fannie Mae fell by over eight percent from June to July but continued to stay on pace to match last year’s tally according to the agency’s Monthly Summary report for July 2013. […]

Demand for Existing Homes Continues to Rise

2013-09-16T05:00:49+00:00

Demand for existing homes continued to rise over the previous thirty days according to the National Home Sales Snapshot released by DataQuick while home values rebounded after three weeks of declines. […]

Fixed Mortgage Rates Unchanged From Last Week

2013-09-13T05:00:36+00:00

Interest rates on fixed rate mortgages were unchanged from last week while adjustable rate mortgages posted a slight decline according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending September 12th, 2013. […]

Mortgage Applications Plunge as Rates Rise

2013-09-12T05:00:07+00:00

Home loan activity plunged last week as mortgage rates pushed higher according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 6th, 2013. […]