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Year Mortgage Rates Newsyear mortgage ratesLong-term mortgage rates fell for the 10th straight week, setting a new record, mortgage giant Freddie Mac said Thursday. The average 30-year fixed-rate mortgage was 5.01 percent, the lowest since Freddie Mac started tracking the data in 1971. The ... Read moreFreddie Mac: Long-term mortgage rates fall for 10th week - Chicago Sun-TimesJan. 7 (Bloomberg) -- The U.S. Securities and Exchange Commission opened a new investigation into whether Pequot Capital Management Inc., the hedge fund run by Arthur Samberg , illegally profited from inside information on Microsoft Corp. in 2001 ... Read morePequot Said to Face New Insider-Trading Probe of Microsoft Bets - BloombergHOUSTON -- Chevron ( CVX Quote - Cramer on CVX - Stock Picks ) said the huge drop in crude prices at the end of 2008 will be a big blow to its fourth-quarter earnings, a sharp reversal from the favorable market conditions that fueled record profits ... Read moreCheaper Oil to Hurt Chevron's Fourth Quarter - Street.ComAverage rates on long-term mortgages have fallen to their lowest level since at least 1971, when Freddie Mac started keeping track. Freddie Mac (NYSE:FRE) says the average 30-year, fixed-rate mortgage fell to 5.01 percent this week, the 10th ... Read moreMortgage rates fall to record low - Business FirstWASHINGTON - Rates on 30-year mortgages fell to a record level for a fourth straight week, dropping to the lowest mark since Freddie Mac started tracking nearly 38 years ago. Rates have been falling since late November, when the Federal Reserve ... Read moreFreddie Mac report: 30-year mortgage rates are in free-fall - Toledo BladeNEW YORK (CNNMoney.com) -- There are many ways to spend $800 billion to revive the economy. In recent days, President-elect Barack Obama has ticked off many of them: invest in infrastructure projects, help states pay for Medicaid, cut taxes on the ... Read moreMortgage help gains momentum - CNN MoneyIn a shocking switch, banking giant Citigroup (NYSE: C ) is now supporting a Senate bill that would enable bankruptcy judges to modify the rates and principal amounts of mortgage loans on first homes. Note that, under the plan, homeowners don't even ... Read moreCitigroup's Shameful About-Face on Mortgage Mods - Motley FoolBorrowers are rushing to refinance their mortgages at record low interest rates but face unexpected delays as swamped lenders struggle to cope with the surge at a time when layoffs have sharply cut staffing. Bank of America , which started shedding 7 ... Read moreLow mortgage rates leave lenders overwhelmed by refi requests - Chicago TribuneInsulated from the harshest effects of the housing bust - and buoyed by an abundance of energy and agriculture - five contiguous rural states have the lowest unemployment rates in the land. Recent declines in commodity prices are being felt across ... Read moreContiguous rural states have lowest jobless rates - ForbesNEW YORK, Jan 9 (Reuters) - It's so 2005. Even as the rest of the U.S. job market plumbs new depths, hiring by mortgage lenders is surging now that home loan rates have hit multi-decade lows. Employers have ruthlessly slashed jobs and unemployment is ... Read more |
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