us mortgage rates fall againaccording to zillow mortgage marketplace, 30-year fixed loans dropped to 3.6 percent from 3.63 percent in the previous week due to concerns about europe's economic condition, especially on fears that spain's banking system could worsen the debt crisis.low mortgage rates attracting more short-term borrowerswith the 15-year rate in sub-3% territory, about 3 in 10 refinancers are opting for loans of less than 30 years. traditional 30-year fixed-rate loans are averaging 3.75%, a record low for the fifth straight week. as mortgage rates sink deeper into record territory, homeowners are refinancing into 15-year loans at a pace not seen in a decade, aiming to pay off their debt in time for retirement.interthinx national mortgage fraud risk index drops to lowest mark since q2 2009interthinx has released its quarterly mortgage fraud risk report covering data collected in the first quarter of 2012. according to the most recent analysis, the national mortgage fraud risk index decreased by 4.3 percent from last quarter and 3.1 percent from one year ago, dropping below the 140 mark for the first time since the second quarter of 2009.mortgage for retirees plannedfor retirees, a mortgage loan which normally requires at least 20 years of work to ensure debt payment ability is seemingly impossible, but the secondary mortgage corporation (smc) is planning to offer a new product focusing on serving the needs of the elderly. |
Mortgage Interest Rate at Federated Mortgage Corp.
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