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Latest Mortgage News

Most Mortgage Rate Decline as Mortgage Applications Increase Sharply -

That was the last time that the interest on a 30-year fixed-rate mortgage was lower than the average contract rate that Freddie Mac reported for last week, the week ending September 28.;

Mortgage Rates Down Again - Some Changes Significant

Freddie Mac and the Mortgage Bankers Association were, for a change, unanimous in agreeing that mortgage interest rates retreated the past week.

Housing Bubble Watch: Watch Home Prices Decline for the First Time in 11 Years

Buyers have been hoping for it and sellers have been dreading it but home prices have apparently started a long-expected decline while existing home sales continued their five month slide.