Tag Archives for " mortgage rates "
FHA TO REDUCE ANNUAL INSURANCE PREMIUMS Reduction to increase credit affordability and reflects improved economic health of FHA FHA TO REDUCE ANNUAL INSURANCE PREMIUMS Reduction to increase credit affordability and reflects improved economic health of FHA WASHINGTON – As the nation’s housing market continues to improve, U.S. Housing and Urban Development Secretary Julián Castro today […]Continue reading
Charlotte homes see drop in negative equity Courtesy of the Mecklenburg TIMES By: Roberta Fuchs January 13, 2015 The number of the Charlotte area’s mortgaged homes with negative equity fell to 6.8 percent in the third quarter of 2014 from 8.4 percent in third quarter 2013, according to CoreLogic. The third-quarter 2014 figure rose slightly, however, […]Continue reading
According to a recent report released by Freddie Mac, the average U.S. long-term mortgage rates rose back over 4 percent. This is the second week of the rates increasing after it has dropped for five weeks even with the problems in the global economy. Last Thursday, from 3.98 percent last week, the nationwide average of […]Continue reading
Wells Fargo & Co. tops the list of Charlotte Business Journal’s list of the area’s biggest conventional and government-backed mortgage lenders, ranked by 2013 total mortgage amount secured by area properties. The list shows that Wells Fargo & Co has government-backed loans amounting to $286 million and conventional loans up to $1.2 billion for home […]Continue reading
Mortgage rates continue to fall this week with the average of a 30-year mortgage now below 4 percent, which is the lowest since June 2013. According to Freddie Mac, a 30-year fixed-rate mortgage reached 3.97 percent from 4.12 percent in the week ending October 16. A 15-year borrowing costs feel from 3.30 percent to 3.18 […]Continue reading