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Today's Mortgage Terms starting with H

Home Equity Line of Credit:

A type of revolving credit in which your home is used as collateral.

Home Equity Loan:

A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.

Housing and Urban Development (HUD):

A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.

View all Terms
Washington mortgage rates news:
Financial News
30-year mortgages fall to 6.40%, lowest level in 6 weeks - USA Today
WASHINGTON (AP) — Rates on 30-year mortgages fell for the second straight week, declining to the lowest level in more than a month. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.40% this week ...

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 ...

30-year mortgage rate falls for second week - Baltimore Sun
WASHINGTON Rates on 30-year mortgages fell for the second straight week, declining to the lowest level in more than a month. Freddie Mac , the mortgage company, reported yesterday that 30-year, fixed-rate mortgages dropped to 6.40 percent this week ...

Fannie, Freddie Slip After Key Gains - Washington Post
Treasury Secretary Henry Paulson Jr. and officials are weighing factors in determining whether to intervene. (By Brendan Smialowski -- Bloomberg News) When shares of Fannie Mae and Freddie Mac dropped sharply yesterday, it marked a sour end to an ...

See today's average credit card rates across the country. - MSNBC
WASHINGTON - Rates on 30-year mortgages fell for the second straight week, declining to the lowest level in more than a month. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages dropped to 6.40 percent this week ...

AP News Calendar - Forbes
Major scheduled events during the week beginning Aug. 31, 2008. Note that many events, especially court appearances, are subject to change at the last minute. The following economic reports will be issued in Washington (all times EDT): TUESDAY: The ...

Business events scheduled for the coming month - 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 ...

Agency Mortgage-Bond Yield Spreads Narrow to Lowest in a Month - Bloomberg
Aug. 29 (Bloomberg) -- Yields on agency mortgage securities relative to U.S. Treasuries fell to the lowest in a month as buyers took advantage of some of the widest spreads since 1986. The difference between yields on Fannie Mae's current-coupon 30 ...

National business in brief: Mortgage rates fall - Kansas City Star
A strike by thousands of union workers in Kansas, Oregon and Washington state could cost the Boeing Co. millions of dollars a day. Rates on 30-year mortgages fell for the second straight week, declining to the lowest level in more than a month ...

Mortgage Rates Fell in Week - Wall Street Journal
WASHINGTON -- Rates on fixed-rate home mortgages fell this week, following reports of weakness in the economy, Freddie Mac's chief economist said Thursday. But rates on adjustable-rate mortgages rose slightly. The 30-year fixed-rate mortgage averaged ...

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