CEDAR RAPIDS — Average mortgage balances increased nationwide to $187,139 in the fourth quarter of 2014, up from $185,496 in the final quarter of 2013. That continued a recent trend of yearly growth, according to TransUnion, a Chicago-based credit and information management company. The average mortgage balance stood at $183,339 in the fourth quarter of 2012.
Prudential Mortgage Capital Company today announced it provided a $44 million loan to a joint venture between Stockbridge Capital Group and TriBridge Residential to acquire Venue, a 366 unit luxury apartment complex in the Elizabeth neighborhood of Charlotte, NC.
WASHINGTON (AP) — Average long-term U.S. mortgage rates have risen for a second straight week yet remained near historically low levels.
The 30-year fixed-rate average climbed higher for the second week in a row to 3.76 percent.
While homebuilder exchange traded funds have been rallying on a wave of new home buyers, the housing market and construction sector could begin to cool with mortgage rates spiking back up. Over the past …
WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week yet remained near historically low levels.
Is your house your castle or an albatross around your neck? Your answer might depend a lot on your mortgage. Getting an affordable property at a great rate can make you feel as if life couldn’t be any sweeter.
WASHINGTON (MarketWatch) — Mortgage rates moved higher after the strong jobs report, Freddie Mac said on Thursday. The average 30-year fixed-rate mortgage rose to 3.69% in the week ending Feb. 12 from …
WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week. Rates are near historically low levels.
WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week after four straight weeks of declines, while remaining near historically low levels.