30-year, fixed-rate mortgage finishes year near record lows

30 year fixed mortgae rates are currently at all time record lows near the 5% mark. Refinancing to a fixed rate mortgage will provide homeowners more peace of mind by knowing exactly what their monthly payments will be each month. If you currently have.

A 15 year fixed rate mortgage, however, is also at record lows at 4.03%, falling another three-one-hundredths of a percent from the previous week, according to Freddie Mac. The five year adjustable rate mortgage also experienced a decline to 3.79% on the five year Treasury indexed loan.

JPMorgan Chase earnings soar, but mortgage sector falls Roosevelt also created the federal housing administration and Fannie Mae to stabilize the housing sector and provide liquidity to the mortgage market. and Treasury brokered a weekend deal for.