Tag Archives: rate
Mortgage delinquency rate drops
A recovering housing market is improving the repayment rate among borrowers. Continue reading
Lousy jobs report = low rates
The August jobs report is bad news for President Barack Obama but not for mortgage borrowers. Continue reading
Why low rates should be lower
Borrowers getting a 30-year mortgage at 3.5 percent should really be getting a rate closer to 3 percent. Here is why. Continue reading
Will Libor go away?
In the wake of Liborgate, could mortgages be pegged to a different benchmark? Continue reading
Bad jobs report = great rates
The disappointing May jobs report released this morning means bad news for the economy and for investors, but not for mortgage rates.
The unemployment rate inched up to 8.2 percent and the economy added only 69,000 jobs in May, says the Labor Departmen… Continue reading
Mortgage delinquencies drop
Banks are initiating with fewer foreclosures, but still struggling with a backlog. Continue reading
Homeownership hits new low
Despite low mortgage rates and home prices, the first quarter of this year saw the rate of homeownership fall … Continue reading
