Washington Mortgage Rates and Information Online from competing Lenders
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home improvements, consolidate your debt, or get a mortgage as low as $695 per month. The fastest and easiest way to get a mortgage in the state
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News about Mortgages:
Treasurys edge higher amid Fannie, Freddie worries - Miami HeraldNEW YORK Treasury bonds rebounded Wednesday to finish slightly higher amid uncertainty over whether troubled mortgage financiers Fannie Mae and Freddie Mac would need a government bailout. Investors grew concerned about the potential for further ...
30-year mortgages fall to lowest level in 6 weeks - BusinessWeekRates on 30-year mortgages fell for the second straight week, declining to the lowest level in more than a month. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages dropped to 6.40 percent this week, down from 6 ...
3 top Fannie Mae executives to leave company - USA TodayWASHINGTON (AP) — Fannie Mae said Wednesday that three top executives are leaving as the mortgage finance company aims to cope with mounting losses from the mortgage crisis. Fannie Mae Chief Financial Officer Stephen Swad is leaving to "pursue ...
Struggling thrifts post steep losses - Miami HeraldWASHINGTON U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans. Data from the U.S. Office of Thrift Supervision released Wednesday show federally-insured savings and ...
30-year mortgage rate falls for second week - Baltimore SunWASHINGTON Rates on 30-year mortgages fell for the second straight week, declining to the lowest level in more than a month. Freddie Mac , the mortgage company, reported yesterday that 30-year, fixed-rate mortgages dropped to 6.40 percent this week ...
To Investors, Buffer for Freddie Was Thin - Washington PostFreddie Mac , which has lost more than 90 percent of its stock value since last fall, has repeatedly tried to dampen talk of a government bailout by highlighting the amount of capital it has on hand to weather problems. A presentation by top ...
Fannie Mae shakes up management team - FOX NewsWASHINGTON — Mortgage finance giant Fannie Mae shook up its executive ranks Wednesday, after shares in it and sibling company Freddie Mac rose for a third straight day as investors appeared less certain a government bailout of the two troubled ...
Mortgage volume rises - CNN MoneyWASHINGTON (AP) -- Mortgage application volume rose less than 1% during the week ended Aug. 22, according to the Mortgage Bankers Association's weekly application survey. The trade group's application index rose to 421.6 during the week, from 419.3 a ...
Mortgage applications up 1st time in 3 weeks: report - Washington PostResize NEW YORK (Reuters) - U.S. mortgage applications rose for the first time in three weeks as interest rates edged lower, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage ...
National business in brief: Mortgage rates fall - Kansas City StarA strike by thousands of union workers in Kansas, Oregon and Washington state could cost the Boeing Co. millions of dollars a day. Rates on 30-year mortgages fell for the second straight week, declining to the lowest level in more than a month ...

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Today's Mortgage Terms starting with L
Lender: The bank, mortgage company or mortgage broker providing the loan.
Loan Application: A statement of personal and financial information needed to apply for a loan.
Loan Application Fee: A fee applied by a lender to cover the initial costs of putting through a loan application. The fee could include the cost of getting a property appraisal, a credit report and a lock-in fee and other closing costs incurred to complete the transaction.
Loan Origination Fee: Fee charged by a lender for the administrative costs of processing a loan.
Loan to Value Ratio (LTV): The balance of the mortgage outstanding as a percentage of the home's price.
Lock or Lock In: A lender's guarantee of an interest rate for a specific period of time. The time period is usually between the loan application approval and loan closing. The borrower wants the lock to stay in effect until closing.
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