Tag: Mortgages
Considering a mortgage refi? Lower rates are just one factor when refinancing a home loan
LOS ANGELES -- LOS ANGELES (AP) — Mortgage rates haven't been this attractive in more than a year, good news for homeowners eager...
Average rate on 30-year mortgage falls to 6.47%, lowest level in more than a year
The average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a welcome affordability boost...
New York Community Bancorp subsidiary selling residential mortgage servicing business for $1.4B
A subsidiary of New York Community Bancorp, Flagstar Bank, is selling its residential mortgage servicing business to Mr. Cooper Group Inc. for about...
US home sales fell in June to slowest pace since December amid rising mortgage rates, home prices
LOS ANGELES -- The nation's housing slump deepened in June as sales of previously occupied homes slowed to their slowest pace since December,...
China's central bank cuts interest rates, moving to put more pep into the economy
BANGKOK -- China’s central bank has cut both its five-year loan prime rate and its one-year rate, moving to revive its ailing property...
Average rate on a 30-year mortgage drops to 6.77%, lowest level since March
The average rate on a 30-year mortgage dropped this week to a four-month low, a welcome decline in borrowing costs for prospective homebuyers...