INR Media Network


 

Fixed and Adjustable Mortgage Rates Take Opposite Paths

7:25 am   -   August 23rd, 2007

Fixed mortgage rates declined, with the average conforming 30-year fixed mortgage rate falling to 6.58 percent. According to Bankrate.com’s weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.28 discount and origination points. (more…)

Bankrate Survey Says Mortgage Rates Rise for 3rd Straight Week

7:59 am   -   April 5th, 2007

Fixed mortgage rates moved higher across the board this week. The average 30-year fixed mortgage rate rose to 6.25 percent. According to Bankrate.com’s weekly national survey of large lenders, the 30-year fixed rate mortgages had an average of 0.27 discount and origination points. (more…)

Bankrate Says Mortgage Rates Give Fed Mixed Reaction

11:28 am   -   March 29th, 2007

According to Bankrate, fixed mortgage rates moved higher following the Fed’s stated concerns about inflation. The average 30- year fixed mortgage rate rose to 6.22 percent. According to Bankrate.com’s weekly national survey of large lenders, the 30-year fixed rate mortgages had an average of 0.28 discount and origination points. (more…)

Bankrate Mortgage Poll Says 34% of Homeowners Don’t Know the Type of Mortgage They Have

7:53 am   -   March 26th, 2007

Bankrate, Inc. (NASDAQ:RATE) has recently released a new Bankrate.com poll which found that more than three in ten homeowners (34%) do not know what type of mortgage they own. Furthermore, 28% of those surveyed worry about how they will afford their payments. The national poll reveals the confusion and anxiety that homeowners are experiencing today. To view the complete results, go to the results on their web site. (more…)

Bankrate Survey Says Mortgage Rates Rise Due to Inflation Concerns

11:23 am   -   March 22nd, 2007

Mortgage rates rose slightly this week, with the average 30-year fixed mortgage rate moving to 6.19 percent. According to Bankrate.com’s weekly national survey of large lenders, the 30-year fixed rate mortgages had an average of 0.29 discount and origination points. (more…)




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