Tag Archives: refinance

30-Year Fixed Mortgage Rate Plummets to 19-Month Low

The average 30-year fixed mortgage in the U.S. touched a 19-month low, slipping from 3.87% to 3.73% last month.The average 15-year mortgage rate also took the hit, slipping from 3.15% to 3.05%. Last year, during the same period, 30-year mortgage … Continue reading

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Will Refinancing Get Easier?

A few days ago, President Obama announced that he plans to heal the wounding American economy by pushing the Congress to pass the Home Affordable Refinance Program. The bill will help ‘responsible’ homeowners refinance their mortgages at a much lower … Continue reading

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