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Mortgage Rate Trends News

Low Mortgage Rates, Pampers: Hot Trends

'Low mortgage rates,' Pampers, 'oil rig explosion,' Burger King, 'Windows mobile phones' and 'retirement planners' are the trending topics on Google and Yahoo.

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Mortgage REITs: A Look Inside tickerspy's Highest Yielding Segment

Investors seeking high yields have likely come across the acronym REIT, and while all REITs are structured to pass the bulk of their income through dividends, the size of the dividend can vary, depending on the sector the REIT operates in.

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BMO cuts mortgage rate to spur home buying

Bank of Montreal has chopped its benchmark five-year mortgage rate, aggressively throwing its weight behind what many are calling an increasingly wobbly housing market

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No increase in mortgage costs seen for Sept.

Homeowners aren’t likely to face higher mortgage costs for at least the next month and some banks may even follow the Bank of Montreal in cutting new fixed-rate loans to compete for a dwindling number of buyers, specialists said.

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The Fed will calm a stormy market

The stock market is in turmoil. Fears of a recession are rising. And experts question whether the Federal Reserve's big interest-rate cuts are enough to save the economy. Does that mean you need to be doing a dozen things right now to protect your investments?

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UK house prices fall for 2nd successive month

A major mortgage lender says that average house prices in Britain fell by 0.9 percent in August -- the second consecutive monthly dip after a 0.5 percent drop in July.

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Mortgage modifications miss the mark

When President Barack Obama launched the $75 billion Home Affordable Mortgage Program a month after taking office, he touted it as a way of helping the economy by keeping as many as 3 or 4 million people out of foreclosure. A year and a half later, the program has provided permanent loan modifications to 422,000 homeowners, including 6,500 in San Diego County — slightly more than one-tenth of ...

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