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New Home Mortgage Rate News
Mortgage Bonds Decline in U.S. After Home Refinancings Outpace Expectation
Mortgage bonds with U.S. government guarantees fell relative to Treasuries after data showed more homeowners with low interest rates refinancing than some analysts expected.
Read more...LendingTree.com Weekly Mortgage Rate Pulse Reports Average Rates Rise Slightly
CHARLOTTE, N.C., Sept. 8 /PRNewswire/ -- Average mortgage rates rose slightly this week, according to the LendingTree Weekly Mortgage Rate Pulse, a snapshot of the lowest and average mortgage rates available within the LendingTree network of lenders. On September 7, lenders on the LendingTree network offered mortgage rates as low as 4.0 percent (4.13% APR) for a 30-year fixed mortgage, 3.375 ...
Read more...Paying mortgage with HELOC is risky
Dear Dr. Don, I am 75 and basically retired, although I do a bit of college teaching as a part-timer. I have a mortgage balance of $46,383 on a 15-year note at a fixed rate of 5.25 percent and a monthly mortgage payment of $603. I also have a home equity line of credit at a current rate of 4.49 percent.
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