Mortgage.net - Washington mortgage rates - Compare mortgages by city in Washington

You are here: Mortgage Rates > Minnesota mortgage rates > Washington

Afton	Cottage Grove	Hugo	Lakeland	Newport	Saint Paul Park	Stillwater

Bayport	Forest Lake	Lake Elmo	Marine On Saint Croix	Saint Paul	Scandia	Willernie

Today's Mortgage Terms starting with M Margin: The percentage difference between the index for a specific loan and the interest rate charged. This is a number already set by the lender. Market Value: The price at which a given property or product is transacted between a willing, unhurried buyer and a seller who know all the pertinent facts about the property. Mortgage Banker: A financial institution who directly funds home loans, sells them to investors, arranges monthly payments and handles escrow. Some mortgage bankers sell their loans on the secondary market. Mortgage Broker: A broker arranges financing for borrowers with a variety of lenders. A mortgage broker does not make the loan, but receives payments for its services. Mortgage Insurance: It is insurance to protect the lender in case you default on your loan. With conventional loans, mortgage insurance is generally not required if you make a down payment of at least 20% of the home's appraised value. It is also known as PMI (Private Mortgage Insurance). Mortgage Loan: A loan for which a specific real estate property serves as collateral to provide for repayment in case of default. Mortgage Refinance: A refinanced mortgage is one in which a borrower pays down an old loan with a new loan. People who refinance a mortgage tend do so to get a lower interest rate, lowering their payments or to take cash out of their home equity. Mortgagee: The lender in a mortgage loan relationship. Property is used as collateral to make payment. Mortgagor: The borrower in a mortgage loan relationship. Property is used as collateral to make payment. View all Terms

Washington mortgage rates news:

U.S. 30-year mortgage rates fall in latest week - Reuters
WASHINGTON, Sept 4 (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 6.35 percent from 6.40 ...

Foreclosures accelerate to fastest pace in almost three decades - Los Angeles Times
Foreclosures accelerated in the second quarter to the fastest pace in almost three decades as interest rates increased and home values fell, prompting more Americans to walk away from homes they couldn't refinance or sell. New foreclosures increased ...

U.S. 30-year mortgage rates fall in latest week - Reuters
WASHINGTON, Sept 4 (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 6.35 percent from 6.40 ...

Ways to tap home equity without taking on mortgage debt - Seattle Times
Improbable as it sounds at a time when American homeowners have lost billions in equity holdings, a new industry is taking shape to help them tap portions of their equity wealth without incurring traditional mortgage debt or making interest payments ...

30-Year Mortgage Rates Dip to 6.35% - Time
(WASHINGTON) — Rates on 30-year mortgages fell for a third straight week, dropping to the lowest level since mid-July. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages dipped to 6.35 percent this week, down ...

Rate of Delinquent Mortgages Hits Record - Washington Post
Mortgage Bankers Association says 6.41 percent of borrowers are not paying on time, from 5.12 percent a year ago. (By David Zalubowski -- Associated Press) The share of mortgage borrowers who fell behind on their payments or lapsed into foreclosure ...

Nation briefs - Detroit News
WASHINGTON -- Rates on 30-year mortgages fell for a third straight week, dropping to the lowest level since mid-July. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages dipped to 6.35 percent this week, down from ...

Home loan troubles break record again - Seattle Times
WASHINGTON — A record 9 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis continues to mount, the Mortgage Bankers Association (MBA) said ...

Upcoming business events and economic reports - MSN MoneyCentral
MONDAY, Sept. 8 WASHINGTON — Federal Reserve releases consumer credit for July, 3 p.m. Weekly Treasury auction. RICHMOND, Va. — Federal court hearing on Smithfield Foods Inc.'s racketeering lawsuit against a union seeking to organize workers at a ...

U.S. Rescue Seen at Hand for 2 Mortgage Giants - Blueridgenow.com
WASHINGTON — Senior officials from the Bush administration and the Federal Reserve on Friday called in top executives of Fannie Mae and Freddie Mac, the mortgage finance giants, and told them that the government was preparing to place the two ...