Tag Archives: ‘mortgage-backed securities

U.S. Mortgage Rate on a Falling Streak

Average 30 year fixed mortgage rate slipped from 4.14% to 4.12% last week. Average 15 year fixed mortgage rate plummeted as well, from 3.25% to 3.21%. This is the fifth straight week of U.S. mortgage rates continuing to tumble down. … Continue reading

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$50.63 Billion Paid In Direct Relief As Under Terms Of Nationwide Settlement

As part of the National Mortgage Settlement, the largest mortgage servicers of the country have paid $50.63 billion to over 6,20,000 homeowners. In order to concentrate on the issues of mortgage loan servicing and foreclosure abuses, the Department of Justice, … Continue reading

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