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mortgage rates move lower

washington, may 24 (upi) -- average mortgage rates for long-term, fixed-rate loans keep falling to record lows, the federal home loan mortgage corp. said thursday.

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mortgage rules prove too strict for some retirees

it’s a mortgage problem that is likely to intensify as home-owning baby boomers by the millions shift into retirement: although they may have significant financial assets tucked away in retirement accounts, their diminished monthly incomes may not be sufficient to meet some lenders’ hyper-strict underwriting rules. read full article >>

mortgage rates for 30-year u.s. loans fall to a record-low 3.78%

u.s. mortgage rates for 30-year loans fell to a record low for a fourth straight week, reducing borrowing costs as a housing recovery takes hold.

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