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Today's Mortgage Terms starting with G

Good Faith Estimate:

A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.

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York mortgage rates news:
Financial News
FOREX-Dollar eases as investors mull ECB rate outlook - Forbes
NEW YORK, Aug 28 (Reuters) - The euro strengthened broadly on Thursday, extending its rebound from a six-month low against the dollar for a second straight day on reduced expectations the European Central Bank will cut interest rates. ECB Board ...

Bankrate: Mortgage Rates Dip Again - MSN MoneyCentral
NEW YORK , Aug. 28 /PRNewswire-FirstCall/ -- Mortgage rates were lower for the second week in a row, with the average conforming 30-year fixed mortgage rate falling to 6.60 percent. According to Bankrate.com's weekly national survey of large lenders ...

Why haven't mortgage rates dropped along with Fed cuts? - Nashua Telegraph
Mortgage rates were mixed this week, with fixed rates falling slightly, and adjustable rates rising just a bit. This week’s drop in fixed mortgage rates coincided with a report that federal officials were discussing bailout options with Fannie Mae ...

Agency Mortgage-Bond Yield Spreads Reach Lowest in a Month - Bloomberg
Aug. 29 (Bloomberg) -- Yields on agency mortgage securities touched the lowest in a month relative to U.S. Treasuries after buyers took advantage of some of the widest spreads since 1986. The difference between yields on Fannie Mae's current-coupon ...

Bankrate: Mortgage rates fall again in latest week - Marketwatch
NEW YORK (MarketWatch) -- Fixed mortgage rates slipped for the second consecutive week, according to Bankrate Inc.'s survey released Thursday. The average conforming 30-year fixed mortgage rate fell to 6.60% from 6.66% a week ago, while the average ...

Agency Mortgage-Bond Yield Spreads Narrow to Lowest in a Month - Bloomberg
Aug. 29 (Bloomberg) -- Yields on agency mortgage securities fell to the lowest in a month relative to U.S. Treasuries after buyers took advantage of some of the widest spreads since 1986. The difference between yields on Fannie Mae's current-coupon ...

Business events scheduled for the coming week - Forbes
MONDAY, Sept. 1 Labor Day. U.S. financial markets are closed. TUESDAY, Sept. 2 WASHINGTON - Commerce Department releases construction spending for July. 10 a.m.; weekly Treasury auction. NEW YORK - The Institute for Supply Management releases its ...

U.S. 30-year mortgage rates fall in latest week - Reuters
WASHINGTON, Aug 28 (Reuters) - U.S. 30-year mortgage rates fell slightly in the latest week, according to a survey released on Thursday by home funding company Freddie Mac. U.S. 30-year mortgage rates dipped to an average of 6.40 percent from 6.47 ...

Business events scheduled for the coming month - Boston Globe
MONDAY, Sept. 1 Labor Day. U.S. financial markets are closed. TUESDAY, Sept. 2 WASHINGTON -- Commerce Department releases construction spending for July. 10 a.m.; weekly Treasury auction. NEW YORK -- The Institute for Supply Management releases its ...

Fitch Rates Maryland CDA's $100MM 2008B&C 'AA'; $50MM 2008D 'AA/F1+' - Forbes
Additionally, Fitch has affirmed the 'AA' rating on the outstanding $2.12 billion residential revenue bonds. The 2008 series B-D bonds are expected to be available for delivery on or about Sept. 4, 2008. The current offering is the 38th sale of bonds ...

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sources: informars.com, erate.com, Freddie Mac
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