Daily Mortgage Market Snapshot Friday, June 27, 2008

By: Liz Freeman
June 27, 2008  

Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Friday, June 27, 2008: Rates are down 0.002 from Thursday. Today (6/27/08) - 6.344%Yesterday (6/26/08) - 6.346%One Week Ago (6/20/08) - 6.310%One Month Ago (5/27/08) - 6.185%One Year Ago (6/27/07) - 6.611%Five Years Ago (6/27/03) - 5.480%Ten Years Ago (6/27/98) - 7.190% www.shoprate.com...

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Daily Mortgage Market Snapshot Thursday, June 26, 2008

By: Liz Freeman
June 25, 2008  

Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Thursday, June 26, 2008: Rates are up 0.021 from Wednesday. Today (6/26/08) - 6.346%Yesterday (6/25/08) - 6.325%One Week Ago (6/19/08) - 6.310%One Month Ago (5/26/08) - 6.185%One Year Ago (6/26/07) - 6.616%Five Years Ago (6/26/03) - 5.500%Ten Years Ago (6/26/98) - 7.213% www.shoprate.com...

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Daily Mortgage Market Snapshot Wednesday, June 25, 2008

By: Liz Freeman
June 24, 2008  

Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Wednesday, June 25, 2008: Rates are up 0.010 from Tuesday. Today (6/25/08) - 6.325%Yesterday (6/22/08) - 6.315%One Week Ago (6/18/08) - 6.289%One Month Ago (5/25/08) - 6.172%One Year Ago (6/25/07) - 6.616%Five Years Ago (6/25/03) - 5.351%Ten Years Ago (6/25/98) - 7.172% www.shoprate.com...

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Daily Mortgage Market Snapshot Tuesday, June 24, 2008

By: Liz Freeman
June 23, 2008  

Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Tuesday, June 24, 2008: Rates are up 0.005 from Monday. Today (6/24/08) - 6.315%Yesterday (6/23/08) - 6.310%One Week Ago (6/17/08) - 6.321%One Month Ago (5/24/08) - 6.172%One Year Ago (6/24/07) - 6.616%Five Years Ago (6/24/03) - 5.369%Ten Years Ago (6/24/98) - 7.173% www.shoprate.com...

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Daily Mortgage Market Snapshot Monday, June 23, 2008

By: Liz Freeman
June 22, 2008  

Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Monday, June 23, 2008: Rates are unchanged from Friday. Today (6/23/08) - 6.310%Yesterday (6/20/08) - 6.310%One Week Ago (6/16/08) - 6.336%One Month Ago (5/23/08) - 6.172%One Year Ago (6/23/07) - 6.628%Five Years Ago (6/23/03) - 5.372%Ten Years Ago (6/23/98) - 7.176% www.shoprate.com...

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Mortgage Market News

By: Liz Freeman
June 22, 2008  

With no data set for release today, traders will watch stocks and oil prices to help gauge interest rate direction....

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Daily Mortgage Market Snapshot Friday, June 20, 2008

By: Liz Freeman
June 19, 2008  

Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Friday, June 20, 2008: Rates are unchanged from Thursday. Today (6/20/08) - 6.310%Yesterday (6/19/08) - 6.310%One Week Ago (6/13/08) - 6.323%One Month Ago (5/20/08) - 6.162%One Year Ago (6/20/07) - 6.637%Five Years Ago (6/20/03) - 5.372%Ten Years Ago (6/20/98) - 7.223% www.shoprate.com...

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Daily Mortgage Market Snapshot Thursday, June 19, 2008

By: Liz Freeman
June 18, 2008  

Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Thursday, June 19, 2008: Rates are down 0.021 from Wednesday. Today (6/19/08) - 6.310%Yesterday (6/18/08) - 6.289%One Week Ago (6/12/08) - 6.318%One Month Ago (5/19/08) - 6.167%One Year Ago (6/19/07) - 6.634%Five Years Ago (6/19/03) - 5.364%Ten Years Ago (6/19/98) - 7.223% www.shoprate.com...

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Daily Mortgage Market Snapshot Wednesday, June 18, 2008

By: Liz Freeman
June 18, 2008  

Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Wednesday, June 18, 2008: Rates are down 0.032 from Tuesday. Today (6/18/08) - 6.289%Yesterday (6/17/08) - 6.321%One Week Ago (6/11/08) - 6.289%One Month Ago (5/18/08) - 6.167%One Year Ago (6/18/07) - 6.648%Five Years Ago (6/18/03) - 5.347%Ten Years Ago (6/18/98) - 7.195% www.shoprate.com...

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How New FICO Score Model Will Effect Consumers Shopping for a Mortgage

By: Liz Freeman
June 16, 2008  

Fair Issac Corporation, the supplier of the most widely used credit score model released a new and improved model called FICO 08. The new credit scoring model is intended to greatly improve the system's ability to predict the chances of a borrower defaulting on a loan. The model is intended to be more forgiving of occasional slips by consumersbut will take a harder line on repeat offenders. The ne...

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