mortgage crisis worsening, central bank figures showthe mortgage arrears crisis is deepening as new central bank figures show there were nearly 78,000 mortgages in arrears of 90 days or more at the end of march in an increase of nearly 8,000 over just three months.30-year fixed mortgage rate rises slightly after falling to all-time low last week; current rate is 3.63%, according ...seattle -- the 30-year fixed mortgage rate on zillow(r) mortgage marketplace is currently 3.63 percent, up four basis points from 3.59 percent at this same time last week. the 30-year fixed mortgage rate ...fdic sues big banks over mortgage securitiesthe government has sued several big banks over toxic mortgage securities they issued that were bought by two small illinois banks which failed in may 2009.mortgage rates slide to record lowsmortgage rates continue to drop well below 4 percent. the average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this mba series. the purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period. |
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