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Loan Modification

: Loan Modification & Home Loan News

Mortgage activity drops in week

By Moe Bedard

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(Source: United Press International) – The Mortgage Bankers Association said U.S. mortgage activity declined in the week ending Feb. 4, as long-term interest rates increased. Interest rates for 30-year, fixed-rate mortgages rose from 4.81 percent to 5.13 percent with points falling from 1.02 to 0.84. Rates for 15-year fixed-rate contracts rose from 4.13 percent to [...]

Full post as published by Loan Modification & Home Loan News on February 10, 2011 (boomark / email).

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