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Mortgage rate on 30-year US loans little changed - Asbury Park Press
Mortgage rate on 30-year US loans little changedAsbury Park PressThe average 15-year rate was 4.33 percent, according to the McLean, Virginia-based mortgage buyer. A basis point is 0.01 percentage point. ...and more »

Mortgage Rates on 30-Year US Loans Fall to 4.95% - BusinessWeek
Mortgage Rates on 30-Year US Loans Fall to 4.95%BusinessWeekThe average 15-year rate was 4.32 percent, according to the McLean, Virginia-based mortgage buyer. The Federal Reserve is winding down a program to purchase ...and more »

Mortgage rates likely to rise - Credit Loan (blog)
Mortgage rates likely to riseCredit Loan (blog)Still, University of Virginia economics professor Marvin Goodfriend said recently to the New York Times, "the Fed can't fund the mortgage market forever."and more »

Cuccinelli's office confirms Virginia will sue over health care - Washington Post (blog)
Cuccinelli's office confirms Virginia will sue over health careWashington Post (blog)Coochinelly- How about going after the all mortgage frauds that put us in this recession. You know, like doing YOUR DAMN JOB. Instead of just grandstanding ...and more »

Has the Stock Market Broadening Top Crested? - The Market Oracle
The Market OracleHas the Stock Market Broadening Top Crested?The Market OracleThe gauge has advanced 1.8 percent this week as a US pledge to keep interest rates low boosted commodity prices and investors speculated recent equity ...and more »

Freddie Mac Jan portfolio down, delinquencies jump - Reuters
Freddie Mac Jan portfolio down, delinquencies jumpReutersThe lowest mortgage rates in decades and high affordability helped the housing market find some footing in 2009 after a three-year slump. ...and more »

BEFORE THE BELL: US Stock Futures Edge Higher After Fed Data - Wall Street Journal
BEFORE THE BELL: US Stock Futures Edge Higher After Fed DataWall Street JournalFederal Agricultural Mortgage Corp. (AGM), better known as Farmer Mac, swung to a fourth-quarter profit on higher fees and net interest spread as well as ...and more »

Great Time to Buy (Famous Last Words) - New York Times
New York TimesGreat Time to Buy (Famous Last Words)New York TimesRobert F. Bukaty/Associated Press An ad for mortgage rates last year at a bank in Maine. The general direction of interest rates is one thing that a ...and more »

'If you don't tie our hands, we will keep stealing' - Examiner.com
Examiner.com'If you don't tie our hands, we will keep stealing'Examiner.comThe Federal Housing Administration (FHA) continues to provide mortgage money to home buyers. The down payment is 3.5%. Houses cost less today. ...and more »

Housing Real-Estate Recovery Signaled as Fed Unwinds - BusinessWeek
Housing Real-Estate Recovery Signaled as Fed UnwindsBusinessWeekFalling home prices and low mortgage rates have made homes more affordable. The median price was $164700 in January, matching the year-ago level, ...and more »

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Today's Mortgage Terms starting with J

  • Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
  • Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.

    View all Terms
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