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Mortgage Rates Continue Their Decline

[-- Read Time: < 1 min --] As shown on Mortgage News Daily, mortgage rates reached six-week lows on Jan. 20, averaging 4.5 percent for a 30-year fixed-rate home loan. The Federal Savings Bank thinks though rates were in a similar range during the previous week, the...

5 ways buying a house just changed

[-- Read Time: 2 mins --] New mortgage regulations mandated by the Consumer Financial Protection Bureau went into effect this month. The rules are meant to hold lenders liable for bad loans and protect borrowers from loans they can’t afford. Here are five ways...
Winterize home plumbing and avoid costly problems

Winterize home plumbing and avoid costly problems

[-- Read Time: 1 min --] When the first big winter storm hits, many people focus on prepping the outside of the home — shoveling snow, spreading salt, putting the winter tires on the car. Now that the first snow has melted, it’s the perfect time to take...

U.S. mortgage rates inch higher

[-- Read Time: < 1 min --] If you’re searching for a mortgage, it’ll cost more this year than last. Interest rates on long-term, fixed-rate mortgages were slightly higher in the week ending Thursday, the Federal Home Loan Mortgage Corp. said. Interest rates rose on...

How new 2014 mortgage rules will affect consumers

[-- Read Time: 2 mins --] New mortgage rules will take effect in January. 2014 and the residential real estate market could be in for some major changes. What affect will this have on people who want to purchase or refinance a home? “These new rules were...