30-year, fixed-rate mortgage finishes year near record lows

Near record low mortgage rates should further drive the housing market recovery over the near term," said Frank Nothaft, Freddie’s chief economist. Meanwhile, the popular 30-year fixed-rate mortgage.

MGIC writes $2.1B in new primary mortgage insurance Mortgage applications fall on declining refinance activity NEW YORK (Reuters) – U.S. mortgage. of refinancing versus total applications grew to 39.3 percent from 38.6 percent a week earlier. On the other hand, MBA’s barometer on loan applications for home.Mortgage protection life insurance is an insurance plan that will not be offered by your insurance agent- most likely it will be offered by your bank. If you have recently bought a new home or refinanced, chances are your mailbox has been flooded with offers to insure your home.

Freddie Mac has released the results of its Primary mortgage market survey (PMMS), showing the 30-year fixed-rate mortgage (FRM. were virtually unchanged this week hovering at or near record lows.

Mortgage rates remain at or near record lows this week – Borrowers continue to benefit from exceptionally low mortgage rates this week, according to Interest.com’s most recent survey of major lenders. All of the popular types of home loans we track remained.

Allstate sues JPMorgan Chase over sale of toxic RMBS Posts about JPMorgan Chase written by Bone Fish. Of note for J.P. Morgan, the world’s biggest investment bank by revenue: Edmonds, a relatively junior employee with the title of vice president, said that he learned this practice from more senior traders and that his.

Freddie Mac reports today that mortgage rates finished the year near record lows, helping to keep homebuyer affordability high. A 30-year fixed-rate mortgage (FRM) averaged 3.35 percent, while the 15-year FRM averaged 2.65 percent. Last year the 30-year FRM averaged 3.95 percent, while the 15-year FRM averaged 3.24.

"Mortgage rates ended this year near record lows," said Frank Nothaft, Freddie Mac vice president and chief economist. "The 30-year fixed-rate mortgage averaged 3.66 percent for 2012, the lowest annual average in at least 65 years.

A 30-year fixed-rate mortgage averaged 3.89 percent in the week ending Jan.12, falling from 3.91 percent last week and the lowest since Freddie Mac (NYSE: FMCC) began keeping track. A 15-year fix fell.

SAN FRANCISCO (MarketWatch) — Freddie Mac FMCC, +3.90% said Thursday the 30-year fixed-rate mortgage average fell. This allowed mortgage rates to ease to new or near record lows this week," said.

Even with mortgage interest rates sitting near record lows, mortgage applications failed to make any gains. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan.

Interest rates on U.S. 30-year fixed-rate mortgages, the most widely used loan. said in a statement. “This allowed mortgage rates to ease to new or near record lows this week,” he said. Mortgage.

NEW YORK (CNNMoney) — Mortgage rates hit yet another record low this week. rose this week from near 1.9% on Monday for a 30-year to 2.09% Thursday. According to Greg McBride, senior financial.

The Mortgage Bankers Association reports a 2.9 percent increase in loan application volume from the previous week. bottom LINE: Assuming a borrower gets the average 30-year conforming fixed rate on a.

Fifth Third Bank promotes Phillip McHugh to head of consumer bank Consumers saying, if you're not going to produce diverse games, we will produce.. joan phillips, associate dean and marketing professor, discusses the power of.. is leading Quinlan's efforts to promote IPP in collaboration with professors.. Baumhart Center founding director Seth Green and Fifth Third Bank senior.