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All Tags » fannie mae » 40 year mortgage » 40 year fixed mortgages (

)

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Showing related tags and posts for the Channels application. See all tags in the site

Fannie Mae Authorizes Purchase of 40 Year Mortgage Loans

When new cars cost $5,000 consumers took our two or three year car loans. Now they are commonly a five to seven year commitment. Likewise mortgages, which, four decades ago were amortized over 20 years, then 25 years, and now commonly 30 years, may soon have a new standard: 40 year home loans . After...

Posted to MND NewsWire by Glenn Setzer on Thu, Jun 9 2005
Filed under: Filed under: Fannie Mae, 40 year mortgage, 40 year mortgages, 40 year mortgage rates, 40 year home loans, 40 year fixed mortgages

Page 1 of 1 (1 items)

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Mortgage Rates:

30 Yr FRM 3.90%
|
15 Yr FRM 3.26%
|
Jumbo 30 Year Fixed 4.15%

MBS Prices:

30YR FNMA 4.5 106-17 (-0-03)
|
30YR FNMA 5.0 107-32 (-0-01)
|
30YR FNMA 5.5 108-31 (0-01)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

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Fannie Mae Authorizes Purchase of 40 Year Mortgage Loans

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