U.S. mortgage rates for 30-year loans fell to a record low for a fourth straight week, reducing borrowing costs as a housing recovery takes hold. The average rate for a 30-year fixed mortgage dropped to 3.78 percent in the week ended today from
May 25, 2012 |
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing the record lows for average fixed mortgage rates holding steady for the week, as the 30-year fixed-rate mortgage (FRM) averaged 3.78 percent... READ MORE HERE.
May 24, 2012 |
We are looking at purchasing a new home. We are both over age 62, and I understand we can purchase a home using a reverse mortgage. Is this true? Yes, the reverse mortgage tool can be used for either a purchase or refinance. The rev
May 22, 2012 |
At a time when consensus is hard to find in Washington, members of Congress, advocates for senior citizens, and representatives of financial services companies all agreed that reverse mortgages are an important tool in providing a better life for seniors,
May 18, 2012 |
I am trying to determine whether we are going to build a home or negotiate with our builder to purchase the house complete. What are my options? I do have VA eligibility, and we believe this project will cost app
May 16, 2012 |
Congratulations to Jeremy Krupnick, Michelle Phillips, Mary Leeds, Mary Beth Marshall and Susanna Thomson on being recognized as Five Star Mortgage Professionals in the May/June issue of Hampton Roads Magazine. This is the second year Jeremy and Mary Beth
May 09, 2012 |
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