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Wednesday, February 19, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: mortgage rates

Mortgage rates sink to lowest level in decades

Mortgage rates sank to the lowest level in decades this week, pushed down by the weak economy and the Federal Reserve’s move to help lift the recovery by purchasing government …

Mortgage rates hit 4.56 percent, new record low

Mortgage rates fell to a new record low for the fourth time in five weeks. But low rates haven’t been enough to lift a struggling housing market.

Mortgage rates drop to new low of 4.57 percent

Mortgage rates fell for the second straight week to the lowest point in five decades. But many people either don’t qualify for new mortgages or have already taken advantage of …

Business update: Mortgage applications rise 7 percent

Applications for home loans rose last week as consumers raced to refinance at the lowest rates in decades. The Mortgage Bankers Associations said today that overall applications increased nearly 7 …

Business update: Data suggest recovery is fizzling

Fears that the economic recovery is fizzling grew Thursday after the government and private sector issued weak reports on a number of fronts. Unemployment claims are up, home sales are …

Mortgage rates drop to another low, 4.58 percent

Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren’t rushing to refinance their loans or buy homes.

Mortgage rates at lowest point since at least 1971

Mortgage rates fell this week to the lowest level on record, giving consumers added incentive to lock in low payments for home purchases and refinanced loans.

Mortgage rates down to lowest in 38 years

Interest rates on the benchmark 30-year, fixed-rate mortgage dipped to a 38-year low this week, giving consumers another reason to consider purchasing a home or refinancing their current one. Freddie …

Mortgage rates may have bottomed

NEW YORK – Roger Wald recently discovered he would save $25,000 a year if he refinanced his five-year mortgage at 4.75 percent. Wald, an auto body repairman in Sarasota, Fla., …

States want more say on fixing mortgage mess

Lowering mortgage interest rates will not by itself keep hard-pressed owners in their homes, Washington Attorney General Rob McKenna said last week. He said lenders will have to accept reductions …

In brief: Businesses give Avista good marks

Avista Corp. ranked fourth among 19 Western utilities for customer satisfaction among business clients that spend $500 to $50,000 per month on electricity. The study was conducted by J.D. Power …

Mortgage rates fall to record low

Rates on 30-year fixed-rate mortgages fell to a record low for the second straight week, causing refinancing applications to surge to the highest level in more than five years, a …

Mortgage rates fall; unemployment stays high

WASHINGTON — Mortgage rates are falling as this week’s dramatic action by the Federal Reserve provides a boost to the dismal housing market, but the nation’s unemployment rolls are stuck …