Purchase Mortgage Rates and Information Online from competing Lenders

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Mortgage Applications Surge On Low Rates - All Headline News
Washington, DC (AHN) - Mortgage applications surged for the week ending Nov. 28 as rates for home loans made their biggest weekly drop on record due to the latest government lending and mortgage asset buying programs. The Mortgage Bankers Association ...

OU economist: state banks in good shape, nation’s in 'grave danger' - Journal Record
OKLAHOMA CITY – Although the U.S. Federal Reserve will likely do everything in its power to stave off deflation, including socializing private losses and using something akin to the Bank of Japan’s monetary policy of quantitative easing, a ...

UPDATE 2-US working on affordable mortgage plan-sources - FXStreet.com
WASHINGTON, Dec 3 (Reuters) - The U.S. Treasury Department is developing a plan to try to reduce mortgage rates on home loans to 4.5 percent on typical mortgages by expanding its purchases of mortgage backed securities, sources familiar with the plan ...

Financial industry pushes for lower mortgage rates - International Herald Tribune
WASHINGTON : Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates and help stabilize the battered U.S. housing market. Under one proposal, Treasury would seek to lower the rate on a 30-year mortgage to ...

Financial Industry Urges Gov’t to Lower Mortgage Rates - CNS News
Washington (AP) - Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates in an effort to stabilize the housing market. Under the proposal, Treasury would seek to lower the rate on a 30-year mortgage to 4 ...

Fannie, Freddie Mortgage-Bond Spreads Retrace Fed-Sparked Gains - Bloomberg
Dec. 3 (Bloomberg) -- Yields on Fannie Mae, Freddie Mac and Ginnie Mae mortgage bonds widened relative to U.S. Treasury notes, retracing gains from the past week as investors anticipated an increase in the amount of securities. The difference between ...

Treasury mulls plan to lower mortgage rates to 4.5% - CNN Money
NEW YORK (CNNMoney.com) -- Lobbyists are pushing the Treasury Department to consider a plan to purchase mortgage-backed securities in the hopes of driving mortgage rates to as low as 4.5%, an industry source said. Similar to an effort unveiled last ...

Mortgage rates fall, applications rise - Cincinnati.com
Some fixed-rate mortgages tumbled more than a half percentage point last week and mortgage application volume more than doubled during the shortened Thanksgiving week, according to the Mortgage Bankers Association's weekly application survey. The ...

Mortgage applications surge - Daily Times
NEW YORK: Mortgage applications surged by the largest amount on record last week as a new Federal Reserve program pushed interest rates down to their lowest level in more than 3 years, data from an industry group showed on Wednesday. The Mortgage ...

Mortgage Refinance Applications Soar As Rates Fall - Wall Street Journal
NEW YORK (Dow Jones)--Applications to refinance mortgages soared last week as interest rates dipped by almost 1 percentage point after the Federal Reserve announced that it would purchase billions in mortgage related debt. The Mortgage Bankers ...

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Today's Mortgage Terms starting with O

  • Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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