Home Equity Loan - Mortgage rates hit lowest level in six months
Mortgage rates hit lowest level in six months
Contra Costa Times - Rates on 30-year mortgages fell this week to the lowest level in six months, offering support to the sagging home market. Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, averaged 6.06 percent, down from 6.11 percent last week
More Home Buyers Stretch Truth, Budgets to Get Loans
Los Angeles Times - The jump in reports of suspicious activity even as home sales have declined may stem in part from a lag in reporting. But then struggled to make the payments had the option of making ends meet by tapping their newfound equity through refinancing
Sluggish market sends loan applications down
Detroit Free Press - Refinancing also dropped. Declining prices helped new home sales rebound in August, a report from the Commerce Department showed. The drop in purchase applications last week suggests the real estate market will be hard-pressed to strengthen anytime
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