Loan Rate Update
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Latest News

Mortgage Applications Decline for a Third Week

2013-02-28T08:00:35+00:00

Mortgage applications fell for the third consecutive week with applications for purchase loans falling to a two month low according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 22nd, 2013. […]

FHFA Mortgage Rates Rise in January

2013-02-27T08:00:44+00:00

The average interest rates for conventional 30-year fixed rate single-family, fully amortized, purchase-money mortgages climbed from 3.47 percent in December to 3.53 percent in January according to the Federal Housing Finance Agency’s (FHFA) Monthly Interest Rate Survey. […]

Housing Starts Slide in January

2013-02-26T08:00:13+00:00

Housing starts for new residential homes fell in January as multi-family starts slumped while new single-family home construction starts increased modestly according to the latest data released by the Census Bureau. […]

Home Sales Rise After Six Weeks of Declines

2013-02-25T08:00:30+00:00

Existing homes sales increased for the first time in six weeks according to the weekly National Home Sales Snapshot released by DataQuick while home values fell for the third consecutive week. […]