Loan Rate Update
Welcome! Let's Get Started.
What Are You Looking For?
Loan Rate Update
Welcome! Let's Get Started.
What Are You Looking For?
Loan Rate Update
Welcome! Let's Get Started.
What Are You Looking For?
Latest News

LendingTree Weekly Mortgage Rate Pulse: Mortgage Rates Back Up Slightly

2011-03-31T02:45:58+00:00

March 31, 2011 (Shirley Allen) According to the data collected on March 29, 2010, for LendingTree’s Weekly Mortgage Rate Pulse, average home loan rates offered by network lenders was 5.06 percent (5.27% APR) for 30-year fixed mortgages, which is up from 5.02 percent the previous week, 4.23 percent (4.56% APR) for 15-year fixed mortgages, which [...]

Mortgage Applications Decline Entering Home Buying Season

2011-03-30T08:16:10+00:00

March 30, 2011 (Chris Moore) The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending March 25, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 7.5 percent on a seasonally adjusted basis from last week. Read more...

Mortgage Bankers Association Responds to Risk Retention Proposal

2011-03-30T02:56:42+00:00

March 30, 2011 (Jeff Alan) Shortly after the release of the proposed risk retention proposal by the various federal agencies, the Mortgage Bankers Association (MBA) released a statement expressing their concerns about the proposal. Although pleased with some of the proposals, calling proposed rules for commercial real estate financing as “workable,” the MBA expressed concerns [...]

House Votes to Terminate HAMP

2011-03-30T02:27:16+00:00

March 30, 2011 (Chris Moore) The House of Representatives voted to terminate the Obama Administration’s flagship anti-foreclosure program, the Home Affordable Modification Program (HAMP), by a vote of 252-170. HR 839 had been pushed through by House Republicans who have criticized the program as wasteful and under-performing. Read more...