Mortgage rates keep climbing, highest in nearly 4 years (USA Today)
Rates on 30-year, fixed-rate mortgages averaged 6.53% the week ending April 20, up from 6.49% last week, Freddie Mac, the mortgage company, reported Thursday. This week’s rate was the highest since the week ending July 12, 2002, when 30-year mortgage rates stood at 6.54%.
Royal Bank and Bank of Montreal raise mortgage rates (Canadian Business)
TORONTO (CP) - RBC Royal Bank (TSX:RY) and Bank of Montreal have raised mortgage rates by more than a tenth of a percentage point to reflect the rising cost of borrowing in the bond market.
Mortgage Rates Hit Highest Point in Nearly 4 Years (Fox News)
Thirty-year mortgage rates hit highest point in nearly 4 years.
Mortgage Rates Highest in Nearly 4 Yrs. (San Francisco Chronicle)
Rates on 30-year mortgages marched up this week to their highest point in nearly four years, a factor that is taking some oomph out of the housing market. Freddie Mac, the mortgage company, reported Thursday that for the week ending April 20, rates on…
Mortgage lending at highest since 2004 (Guardian Unlimited)
Mortgage lending reached 28.3bn last month, a record March figure and the highest in any month since July 2004, the Council of Mortgage Lenders said yesterday.
Comptroller warns about new mortgage products (Market Watch)
WASHINGTON (MarketWatch) — Nontraditional mortgage products that appear to save consumers money at first may wind up costing them a lot more later, a top U.S. economic official said Thursday.