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Loans

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  • Mortgage rates mixed, Freddie Mac says; 30-year fixed averages 4.14%

    Mortgage rates mixed, Freddie Mac says; 30-year fixed averages 4.14%
    Mortgage trends were mixed this week, Freddie Mac's survey of lenders showed, with the average rate for a 30-year fixed loan edging up to 4.14%, from 4.12% a week ago.
  • Mortgage rates at low for year; 30-year averages 4.12%

    Mortgage rates at low for year; 30-year averages 4.12%
    The cost of getting a home loan has slipped back to the lowest level of the year, with Freddie Mac pegging the average rate for a 30-year fixed mortgage early this week at 4.12% compared to last week's 4.14%. The average rate for a 15-year fixed-rate...

    Consumer borrowing in March saw largest increase in more than a year

    Consumer borrowing in March saw largest increase in more than a year
    Consumers increased their borrowing in March by the largest amount in more than a year in a sign of increased economic growth this spring. Outstanding consumer credit, which includes credit card balances and auto and student loans, jumped $17.5...

    Freddie Mac: Mortgage rates level off, 30-year loans average 4.12%

    The cost of getting a mortgage has leveled off, with Freddie Mac saying lenders were offering 30-year fixed-rate home loans this week at an average interest rate of 4.12%. That rate is little changed from the average of 4.15% over the last 10 weeks. The...

    A new housing bubble?

    A new housing bubble?
    Even though the recent financial crisis is barely in the rearview mirror, risk is starting to build once again in both the U.S. mortgage and housing markets. Contrary to the prevailing view that only borrowers with pristine credit records can get a...