Mortgages

Housing Market Confidence among Americans Continues to Rise – Fannie Mae Survey Says

Results from Fannie Mae’s June 2012 National Housing Survey show that housing market confidence among Americans continues to trend in a positive direction. The positive outlook of Americans towards the housing market, according to Fannie Mae’s latest survey, was buoyed by historically low level of interest rates and low home prices. Doug Duncan, senior vice …

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How to Secure a Mortgage Rate within the 3% Range

The average 30-year fixed-rate mortgage in the U.S. is at record-low 3.66%, this according to the latest Freddie Mac’s Primary Mortgage Market Survey released last June 28. This is good news as the 30-year fixed-rate mortgage is the preferred choice of would be homebuyers. This record-low mortgage rate, however, is not within the reach of …

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Mortgage Rates for 30-Year Loans at Record-Low 3.66%

Freddie Mac’s latest Primary Mortgage Market Survey shows that the average U.S. 30-year fixed-rate mortgage is at record-low 3.66%. Freddie Mac, in its June 28 announcement, added that the 15-year fixed-rate mortgage is also at record-low 2.94%. A year ago, the 30-year fixed-rate mortgage averaged at 4.51%; while the 15-year fixed-rate mortgage last year averaged …

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U.S. Home Prices to Bottom by 2013 – Zillow Survey Says

Home prices will decline only a little this year and home prices will bottom by 2013, this according to the June 2012 Zillow Home Price Expectations Survey. “This is the first time the individual economists surveyed were largely in agreement on the trajectory of home prices nationally, signaling that a true bottom may be imminent,” …

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