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Financial News
Mortgage rates slide (CNN Money)
Home mortgage rates retreated last week, with the 30-year fixed slipping to 5.7% from 5.8% the week prior, according to a report from a financial data aggregator released Thursday.

Ohio mortgage rates creep up for week, Ky. drops (BizJournals)
Mortgage rates in Ohio inched up over the week, while Kentucky’s fell slightly, according to Zillow.com.

U.S. Mortgage Rates Slip to 5.32% (Fox News)
U.S. mortgage rates dropped in the latest week, a move that bodes well for the hard-hit U.S. housing market, which has been showing signs of a recovery.

Mortgage rates fall slightly (Dayton Business Journal)
Rising mortgage rates reversed course this week, with long-term rates falling slightly. Freddie Mac's weekly report says 30-year fixed-rate mortgages averaged 5.32 percent this week, down from last week's average of 5.42 percent. A year ago, 30-year mortgages were averaging 6.35 percent, although rates fell below 5 percent earlier this year.

U.S. Mortgage Rates Drop to 5.32%, Freddie Mac Says (Update2) (Bloomberg)
July 2 (Bloomberg) -- Mortgage rates in the U.S. fell this week, easing concern that a Federal Reserve plan to lower the cost of home loans had lost momentum.

Mortgages: Mortgage rates continue fall from mid-June peak (Market Watch)
Rates on the 30-year fixed-rate mortgage fell this week, averaging 5.32%, a quarter of a percentage point lower than they averaged at their mid-June peak, Freddie Mac reported on Thursday.

U.S. Mortgage Rates Drop to 5.32%, Freddie Mac Says (Update1) (Bloomberg)
July 2 (Bloomberg) -- Mortgage rates in the U.S. fell this week, easing concern the Federal Reserve plan to lower rates by purchasing mortgage-backed securities was losing momentum.

Bankrate: Fixed Mortgage Rates Drop In Latest Week (Fox News)
Bankrate: Fixed Mortgage Rates Drop In Latest Week

Mortgage Rates Fall This Week, 30-Year Fixed At 5.32% -Freddie (Nasdaq)
Mortgage rates fell this week, though the average rate on 30-year fixed-rate mortgages remained above 5%, according to Freddie Mac's (FRE) weekly survey of mortgage rates.

Mortgage rates fall slightly (USA Today)
Rates for 30-year home loans inched downward this week, but still remain above record lows posted during the spring, Freddie Mac said Thursday.

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Today's Mortgage Terms starting with G

  • Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.

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