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National Mortgage Rates 12/02/2008

Loan Type Today +/-
30 Yr Fixed 5.23%
15 Yr Fixed 5.16%
5/1 ARM 5.66%
30 Yr Fixed Jumbo 6.68%
5/1 ARM Jumbo 5.72%

Rates may contain points

Mortgage News

Law Firms and Banks Collaborating to Streamline Loan Modifications

December 02, 2008 - Increasingly loan modifications are becoming the preferred mechanism to help defaulting homeowners and troubled bank mortgage asset portfolios. All of the major banks, Bank of America, JP Morgan Chase, and Citigroup have announced streamlined loan modification programs.

Today's Feature

Great Car Deals for Stellar Buyers

December 02, 2008 - When Dickens wrote the line, "It was the best of times, it was the worst of times," he was speaking of France prior to its revolution of 1789. The statement also applies to today's auto market, and how the car purchasing process differs based on your credit score.

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The week's features

Homeowners in Denial about Home Values

Here's a reality check: your home is probably worth less than you think. A quarterly survey reveals that many...

Bad Economy Removes "Ho-Ho-Ho" from Christmas Parties

As the holiday season rolls around, few companies seem to be in a festive mood. The bad economy has businesses...

The True Meltdown Culprit: Unsuitable Mortgages

Foreclosure is usually attributed to mortgage borrowers, not to those who fund the loans. But this time, the blame...

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