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Topic: Bankrate Inc
Mortgage Rates a Mixed Bag
November 27, 2011 | 
New York, NY – The benchmark conforming 30-year fixed mortgage rate dipped slightly from 4.24 percent to 4.23 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.37 discount and origination points.
The average 15-year fixed mortgage was unchanged at 3.47 percent, while the larger jumbo 30-year fixed rate dropped to 4.74 percent, a new record low. Adjustable rate mortgages rose, with the average 3-year ARM climbing to 3.50 percent and the 5-year ARM rising to 3.20 percent. «Read the rest of this article»
Mortgage Rates Dip Slightly
New York, NY – The benchmark conforming 30-year fixed mortgage rate retreated from 4.38 percent to 4.33 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.42 discount and origination points.
The average 15-year fixed mortgage inched lower to 3.57 percent while the larger jumbo 30-year fixed rate held steady at 4.89 percent. Adjustable rate mortgages were mostly lower, with the average 5-year ARM dropping to 3.22 percent and the 7-year ARM sliding to 3.43 percent. «Read the rest of this article»
40% of Americans Cut Spending in Past 60 Days
New Bankrate poll reveals how Americans feel about their finances
New York, NY – Nasty headlines about the economy and stock market prompted 40 percent of Americans to reduce their spending in the past 60 days, according to Bankrate.com’s (NYSE: RATE) September Financial Security Index.
The overall Financial Security Index rebounded slightly from its August trough, rising from 92.3 to 93.9, which is still the third-lowest level since the monthly polls commenced in December 2010. Any index value below 100 indicates declining levels of financial security compared with 12 months ago. «Read the rest of this article»
Mortgage Rates Change Course
New York, NY – Mortgage rates moved lower this week with the benchmark conforming 30-year fixed mortgage rate now 4.69 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.36 discount and origination points.
To see rates in your area, go to Mortgage Rates. «Read the rest of this article»
Mortgage Rates Jump Again
New York, NY – Mortgage rates climbed higher this week, with the average conforming 30-year fixed mortgage rising to 5.02 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points.
The average 15-year fixed mortgage increased to 4.39 percent and the larger jumbo 30-year fixed rate rose to 5.64 percent. Adjustable rate mortgages also went up, with the average 5-year ARM rising to 4 percent and the average 7-year ARM reaching 4.43 percent. «Read the rest of this article»
Mortgage Rates Dip Below 5 Percent
New York, NY – Mortgage rates pulled back slightly this week, with the average rate on the benchmark conforming 30-year fixed mortgage rate receding to 4.96 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.46 discount and origination points.
To see mortgage rates in your area, go to www.bankrate.com/funnel/mortgages/. «Read the rest of this article»
Mortgage Rates Reset Record Lows
New York, NY — Mortgage rates were lower this week, with the average conforming 30-year fixed mortgage rate hitting a record low of 4.71 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points.
To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/
The average 15-year fixed mortgage inched lower to 4.17 percent, and the larger jumbo 30-year fixed rate remained at 5.43 percent, both record lows. Adjustable rate mortgages were mixed, with the average 5-year ARM nosing higher to 4.07 percent and the average 7-year ARM dipping to 4.35 percent.
«Read the rest of this article»
Mortgage rates hit record low
NEW YORK — Mortgage rates continue to drop this week, with the average conforming 30-year fixed mortgage rate falling to 4.96 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.50 discount and origination points.
To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/
The average 15-year fixed mortgage fell to 4.34 percent and the larger jumbo 30-year fixed rate dropped to 5.75 percent. Adjustable rate mortgages were mostly lower, with the average 3-year ARM slipped to 4.38 percent while the 5-year ARM dipped to 4.14 percent. «Read the rest of this article»
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