mortgage
Latest
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Mortgage rates maintain a steady climb
Mortgage rates this year have had the most sustained increase to the start of a year in more than 40 years, with the average rate on a 30-year fixed-rate mortgage rising to 4.66 percent this week.
3 months ago -
Mortgage rates hit 7-year high
“Healthy consumer spending and higher commodity prices spooked bond markets and led to higher mortgage rates over the past week,” said Sam Khater, Freddie Mac’s chief economist.
3 months ago -
Remodeling boom: 2 out of 3 homeowners don’t ever plan to sell
Current homeowners are staying put — and spending to renovate. A recent Bankrate.com survey found that 62 percent of current homeowners do not ever plan to move. And more than a third of homeowners said they are likely to remodel, upgrade or add to their current home in the next five years.
4 months ago -
Are DC area homeowners still underwater on mortgages?
The number of homeowners with a mortgage in negative equity continues to decline nationwide, but the D.C. region still has one of the highest negative equity rates among big cities.
11 months ago -
1 in 5 DC-area homeowners is ‘equity rich’
Across the country, nearly 10 percent of homeowners with a mortgage still owe the bank more than they could sell their homes, but recent numbers show an improving outlook.
2 years ago -
Freddie Mac: ‘Difficult’ for mortgage rates to rise right now
Mortgage rates fell again this week, and might continue to do so.
2 years ago -
1 in 10 homeowners in DC area is ‘underwater’
The Washington region still has a negative equity problem, though the number mortgaged homeowners in the region who owe the bank more than they could sell for continues to fall.
2 years ago -
Want a mortgage? Borrow big; it’s cheaper
Long-term rates for larger mortgages remain a bit lower than rates for conforming mortgage loans.
3 years ago -
8 ways to pay off your mortgage years earlier
Some are better off using the money elsewhere, but extra payments and refinancing can do a number on your mortgage.
4 years ago -
Va. attorney general sues major banks for $1.1B
ALAN SUDERMAN Associated Press RICHMOND, Va. (AP) — Virginia Attorney General Mark Herring is suing some of the world’s largest banks for $1.15 billion in damages related to the housing market crash. Herring said at…
4 years ago -
D.C. has fifth lowest average closing costs in nation
D.C. may be one of the most expensive U.S. cities in which to live, but a new report by personal finance website Bankrate shows the District has the fifth lowest mortgage closing costs.
4 years ago -
State mortgage program cuts rates in Western Md.
A state mortgage program is lowering its rates for two months in Western Maryland to entice homebuyers.
4 years ago -
Study: People need to make almost $63K to buy a home in D.C. area
Just when you thought it was already expensive to live, park and
eat in the D.C. area, a new study found homebuyers in the D.C. metropolitan area
need to have some of the fattest paychecks in the country.4 years ago -
Is student debt holding back a housing recovery?
A new analysis shows that loan applications for home purchases
have dropped 20 percent in the past four months compared with the
same period a year ago, and experts think student loan debt may be
to blame.4 years ago -
For best mortgage rate, 740 is the new 720
The credit score bar is rising for home buyers seeking the best
mortgage rates, according to real estate data firm Zillow Inc.5 years ago
