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Average US rate on 30-year mortgage slips to 3.65 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates are down slightly this week and remain near historic lows. Mortgage giant Freddie Mac says the national average for a 30-year fixed -rate mortgage slipped to 3.65 percent from 3.67 percent last … Continue reading

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Wells Fargo profit beats as mortgage banking recovers

(Reuters) – Wells Fargo Co WFC.N, the largest U.S. mortgage lender, reported a better-than-expected quarterly profit as revenue from mortgage banking rose after four quarters of decline. Lower mortgage rates increased demand for refinancing in the first quarter, breathing some … Continue reading

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Wells Fargo profit beats as mortgage banking recovers

(Reuters) – Wells Fargo Co WFC.N, the largest U.S. mortgage lender, reported a better-than-expected quarterly profit as revenue from mortgage banking rose after four quarters of decline. Lower mortgage rates increased demand for refinancing in the first quarter, breathing some … Continue reading

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Average US rate on 30-year mortgage falls to 3.66 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway. Mortgage giant Freddie Mac said Thursday the national average for a 30-year fixed-rate mortgage slipped to 3.66 percent from … Continue reading

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Average US rate on 30-year mortgage barely moves at 3.7 pct.

WASHINGTON (AP) — Average long-term U.S. mortgage rates barely moved this week, remaining close to historically low levels as the spring home-buying season gets underway. Mortgage giant Freddie Mac said Thursday the national average for a 30-year fixed-rate mortgage ticked … Continue reading

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Average US rate on 30-year mortgage falls to 3.69 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week for a second straight week, edging closer to historically low levels at the start of the spring home-buying season. Mortgage giant Freddie Mac said Thursday the national average for … Continue reading

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Average US rate on 30-year mortgage falls to 3.78 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week, remaining near historically low levels at the start of the spring home-buying season. Mortgage giant Freddie Mac says the national average for a 30-year fixed-rate mortgage declined to 3.78 … Continue reading

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Average US rate on 30-year mortgage rises to 3.86 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week yet remained near historic lows reached in May 2013. Long-term rates resumed their upward trend of recent weeks after declining last week. Mortgage giant Freddie Mac said Thursday the … Continue reading

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Average US rate on 30-year mortgage rises to 3.86 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week yet remained near historic lows reached in May 2013. Long-term rates resumed their upward trend of recent weeks after declining last week. Mortgage giant Freddie Mac said Thursday the … Continue reading

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Average US rate on 30-year mortgage drops to 3.75 percent

WASHINGTON (AP) — Average long-term mortgage rates have fallen for the first time in four weeks and remain near historic lows reached in May 2013. Mortgage giant Freddie Mac said Thursday that the national average for a 30-year, fixed-rate mortgage … Continue reading

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