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Loan Modification

: Loan Modification & Home Loan News

Weekly Mortgage Activity Declines

By Moe Bedard

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(Source: United Press International) - The Mortgage Bankers Association said U.S. mortgage activity decreased in the week ending Feb. 25, although long-term interest rates declined.Interest rates for 30-year, fixed-rate mortgages dropped from 5 percent to 4.84 percent with points rising from 0.96 to 1.03. Rates for 15-year fixed-rate contracts fell from 4.28 percent to 4.17 [...]

Full post as published by Loan Modification & Home Loan News on March 03, 2011 (boomark / email).

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