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After six consecutive weeks of run-up, mortgage rates turned tail and declined during the week ended August 18 (Freddie Mac) and August 19 (Mortgage Bankers Association.) While decreases were not large, they were notable, and with the economy appearing a bit rocky and pundits predicting either a slow...
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Probably not, more likely he is spinning around until he doesn't know which end is up. But rates were up for the third straight week - except for the 5/1 ARM - for the period ending July 14 (for Freddie Mac) and July 16 (for the Mortgage Bankers Association.) Three weeks does not a trend make, but given...
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Both home mortgage loan delinquency rates and mortgage foreclosures showed improvement during the first quarter of 2005 according to the Mortgage Bankers Association. MBA's National Delinquency Survey released on Tuesday showed that the seasonally adjusted delinquency rate for mortgage loans on one-to...