Wamu Mortgage Rates

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Wamu Mortgage Rates

Declines in mortgage rates frustrating locked-in borrowers, bankers  A drop in mortgage rates after the rescue of Fannie Mae and Freddie Mac is making buying a house cheaper for many, but also is causing headaches for bankers.

Mortgage rates drop, and demand goes up  The phones are busy at local mortgage companies. The average rate for a mortgage loan dropped suddenly two weeks ago after the government stepped in to take over mortgage giants Fannie Mae and Freddie Mac, and for much of last week, buyers could get loans under 6 percent.

Mortgage rates fall for fifth straight week  Rates on 30-year mortgages dropped sharply again last week, falling to the lowest level in seven months, as rates continue to decline after the government's dramatic takeover of mortgage giants Fannie Mae and Freddie Mac. Freddie Mac reported that its...

Down-payment demands rise as mortgage rates drop  The government takeover of Fannie Mae and Freddie Mac has sent mortgage rates tumbling, but many lenders last week also raised the minimum down payment they'll allow on a loan.

Economic shifts affect mortgage terms  U.S. mortgage rates are dropping. Good luck getting a loan.

Confused by mortgage rates? Here's what you need to know.  Just about anyone who cares knows that interest rates on a 30-year, fixed-rate mortgage have dropped recently.

Mortgage rates fall steadily  WASHINGTON - Rates on 30-year mortgages dropped sharply again this week, falling to the lowest level in seven months, as rates continue to decline following the government's dramatic takeover of mortgage giants Fannie Mae and Freddie Mac.

Credit will tighten, but mortgage rates stay low  Consumers will probably see a return to credit as it used to be, with not everyone able to get home loans or credit cards.

Mortgage rates sink after Fannie-Freddie takeover  Rates on 30-year mortgages dropped sharply again this week, falling to the lowest level in seven months, as rates continue to decline following the government's takeover of mortgage giants Fannie Mae and Freddie Mac.

Treasury's Paulson is 'The Hammer' behind the bailout  Treasury Secretary Henry Paulson is spearheading an unprecedented global change as the Bush administration point man for the proposed $700 billion bailout of the U.S. financial industry as the economy reels from the credit crisis sparked by the national real estate slump and spiraling mortgage failure rates. He's scheduled to testify about the plan at a Senate Banking Committee hearing Tuesday.