Mortgages Archives

A $15k Tax Credit for Homebuyers?
By: Staff
By Alan Zibel — AP Real Estate Writer WASHINGTON (AP) — The Senate voted Wednesday night to give a tax break to homebuyers in hopes of revitalizing the U.S. housing market. The proposal, pushed by battered homebuilders, would allow a tax credit of 10 percent of the value of new or existing residences, up to a $15,000 limit. Read more»
New home sales post 14.7 pct drop in December
By: Staff
By ALAN ZIBELAP Real Estate Writer WASHINGTON (AP) - Sales of new homes plunged to the slowest pace on record last month as the hobbled homebuilding industry posted its worst annual sales results in more than two decades.The Commerce Department said Thursday that new home sales fell 14.7 percent in December to a seasonally adjusted annual rate of 331,000, from a downwardly revised November figure of 388,000. Read more»
By Jim Cramer These days you can’t swing a dead sub-prime loan without hitting a big bank that is in even bigger financial trouble. Citi (Stock Quote: C), Wachovia, Washington Mutual and Bank of America (Stock Quote: BAC)—the list goes on and on, topped by some of the biggest household names in the banking world. Read more»
By Jim Cramer Maybe pricing in real estate is more like stocks than we tend to think. Think of the way real estate moves up and down in value. Demand starts high, but prices initially stay the same. That’s the glut of inventory being worked off. We have been waiting for that to happen for two years, but it hasn't. Read more»
McLEAN, Va. (AP) - Rates on 30-year mortgages rose above 5 percent this week, ending a five-week run at record low levels, Freddie Mac reported Thursday.Mortgage rates have been in decline since the Federal Reserve said in late November it would buy up to $500 billion in mortgage-backed securities to get banks to lend more money in hopes of bolstering the troubled U.S. housing market. Read more»
By Jim Cramer I was punching the calculator on this weekend, and noticed that the rates for 30-year mortgages were still at ridiculously low levels: 5.19% when I checked.  It got me thinking. Is that the rate you can really get? Can you get a lower one? Or, do you need a credit rating higher than a high school valedictorian’s SAT score to get the real goods? Read more»
By Jim Cramer I have always wanted to have a home in San Francisco, one of my favorite cities in the world. But prices have always been too high. Yesterday, however, we saw some statistics out of San Francisco that make my mouth water. We saw the down 40% from peak-to-trough figure in home prices that says it is time to start finding your dream place in that city. It’s time to explore the Web for sites—I can’t get there yet—and be prepared to do some buying.Why now? Read more»
By Jim Cramer In Part I of my two-part series on getting the best mortgage rate, I talked about the importance of good table-setting, like getting your credit score in check, and I discussed how shopping around and clamping down on a favorable rate were some of the most important things you can do to get the best mortgage rate. But they’re not the only things you can do. Far from it. Read more»
By ALAN ZIBEL AP Real Estate WriterWASHINGTON (AP) - Sales of existing homes posted an unexpected increase last month, closing out the worst year for the U.S. real estate market in more than a decade.  The National Association of Realtors said Monday that sales of existing homes rose 6.5 percent to an annual rate of 4.74 million in December, from a downwardly revised pace of 4.45 million in November. Read more»
Sign Up Now for Our FREE Newsletter

Brokerage Partners

Search for Rates

US Rate Map - National Mortgage Rates

Roll over states to see best rates.
Lower Rates Higher Rates

This illustration shows rates based on all terms and locations of a particular state. Products may not be offered by all institutions. Individual institutions determine the availability and required qualifications of their products. Product restrictions may apply.


Calculator Access our Savings, Mortgage, Auto Loan and Personal Finance Tools here.