Mortgage Rates
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Mortgage industry news
30 Year Mortgage Rate Hits 6.66% Mortgage applications fell last week as mortgage rates were mixed, an industry trade group said Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application a (full story) | Own your own office: Developer has unusual pitch Boston Herald - M ake way for another downtown condo project - office condos, that is. A Florida developer is betting big that there is a market for downtown condos similar to the demand for the resid (full story) |
Inflation makes ARMs a bad deal Belleville News-Democrat - With interest rates rising, fewer people are applying for new mortgages -- just as you'd expect. But here's a worrisome surprise: More of the applicants are seeking adjustab (full story) | Exotic mortgages remain popular despite increasing risks Marketwatch - Such loan innovations allow home buyers to put little money down and make low monthly payments. They've also poured fuel one of the hottest and longest housing booms in the nation's hist (full story) |
5/13/2008 10:39 PM