Mortgage Loans Less Accessible for Minorities

The US home buyers from ethnic minorities are more likely to get rejected for a mortgage loan compared to Caucasians. While the mortgage rejection rate for Caucasians is 10.6%, the rejection rate for African Americans is 25.4%. More »

Are Student Loans Debt Hurting The Mortgage Market?

Many students graduating from college are strapped with large student loans. Buying a home and setting up a mortgage is one of the most expensive purchases we will make in our life. The amount of student loan debt can affect that drastically. More »

Sunday’s Rates For Mortgages August 10th : Wells Fargo

wells-fargo-mortgage-rates Wells Fargo offers home mortgages. These current rates are based on the following 2 things. 1.) The purchase of a single-family or primary residence and 2.) A 60 day interest rate lock in period. Only 1 rate changed from Friday and it was their 30 year FHA loan. Their rates as of Sunday August 10th, 2014 are the following for each specified loan. More »

Americans Keeping More Money in Their Checking Accounts

The results from a research undertaken by Moebs Services, a bank consulting company, revealed that at the end of 2013, the average balance on a checking account in the United States was $4,436. More »

Sunday’s Rates For Refinance August 10th : Citi Bank

Citi offers home refinances. Their rates as of Sunday August 10th, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 4.375%. The points are 0.000 and it carries a 4.459% APR. More »

 

Sunday’s Rates For Mortgages August 31st 2014 : Bank Of America

Bank Of America offers home mortgages. Their rates as of Sunday August 31st, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 4.125%. Discount points 0.167 and it carries a 4.234%

Sunday’s Rates For Mortgages August 31st: Quicken Loans

Quicken Loans offers home mortgages. Their rates have stayed close to the same for the past few days. Their rates as of Sunday August 31st, 2014 are the following for each specified loan. For a 30 year fixed conventional loan

Sunday’s Rates For Refinance August 31st : Citi Bank

Citi offers home refinances. Their rates as of Sunday August 31st, 2014 are the following for each specified loan. Their rates went unchanged from Friday August 29th, 2014. They all held steady at the same levels. For a 30 year

Friday’s Rates For Mortgages August 29th : Suntrust Bank

Suntrust offers home mortgages. Their rates as of Friday August 29th, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 3.99%. The points are 0.709 and it carries a 4.1537% APR.

Friday’s Rates For Refinance August 29th : Citi Bank

Citi offers home refinances. Their rates as of Friday August 29th, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 4.125%. The points are 0.625 and it carries a 4.261% APR.

Friday’s Rates For Mortgages August 29th 2014 : Bank Of America

Bank Of America offers home mortgages. Their rates as of Friday August 29th, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 4.125%. Discount points 0.167 and it carries a 4.232%

Friday’s Rates For Mortgages August 29th : Chase Bank

Chase offers home mortgages. Their rates as of Friday August 29th, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 4.125% and it carries a 4.177% APR. Their 15 year fixed

Friday’s Rates For Mortgages August 29th : Wells Fargo

Wells Fargo offers home mortgages. These current rates are based on the following 2 things. 1.) The purchase of a single-family or primary residence and 2.) A 60 day interest rate lock in period. Only 1 rate changed from Friday

Mortgage Rates Remain at a Steady Low Level According to Freddie Mac

The average interest rate on a 30-year fixed mortgage was 4.10% during the week ended August 28th. It remained unchanged from the previous week. This data is revealed in the Primary Mortgage Market Survey (PMMS) conducted by Freddie Mac. Currently,

Mortgage Loans Less Accessible for Minorities

The US home buyers from ethnic minorities are more likely to get rejected for a mortgage loan compared to Caucasians. While the mortgage rejection rate for Caucasians is 10.6%, the rejection rate for African Americans is 25.4%. About 1 in