Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Business News

State Discount Mortgage Unit Moves to Increase Interest Rate

Oct. 1, 2008
A state agency that provides subsidized mortgages to first-time home buyers stopped offering discounted interest rates this week and started looking for new sources of funds.
Related Stories from UPI.com
Brown urges banks to cut mortgage costs

Brown urges banks to cut mortgage costs

LONDON, Dec. 5 (UPI) -- Banks overcharging borrowers on mortgages should cut back the rates immediately, British Prime Minister Gordon Brown said Friday.

Mortgage rates drop again

WASHINGTON, Dec. 4 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages fell dramatically during the week, the Federal Home Loan Mortgage Corp. said Thursday.
U.S. mortgage rates mixed in week

U.S. mortgage rates mixed in week

WASHINGTON, Nov. 26 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages fell for the fourth straight week, the Federal Home Loan Mortgage Corp. said Wednesday.

Mortgage applications rise in week

WASHINGTON, Nov. 26 (UPI) -- The volume of applications for U.S. mortgages increased last week, rising by a seasonally adjusted 1.5 percent, an industry group said.

Mortgage rates fall for 3rd straight week

WASHINGTON, Nov. 20 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages fell for the third consecutive week, the Federal Home Loan Mortgage Corp. said Thursday.

Mortgage applications drop in week

WASHINGTON, Nov. 19 (UPI) -- The volume of applications for U.S. mortgages decreased last week, falling by a seasonally adjusted 6.2 percent, an industry group said.

U.S. mortgage rates fall for second week

WASHINGTON, Nov. 13 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages declined slightly in the last week, the Federal Home Loan Mortgage Corp. said Thursday.

Mortgage applications fell in week

WASHINGTON, Nov. 5 (UPI) -- The volume of applications for U.S. mortgages declined last week, falling by a seasonally adjusted 20.3 percent, an industry group said.

U.S. mortgage rates rise in week

WASHINGTON, Oct. 30 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages increased in the week ending Oct. 30, the Federal Home Loan Mortgage Corp. said Thursday.

Mortgage applications rise in week

WASHINGTON, Oct. 29 (UPI) -- The volume of applications for U.S. mortgages increased last week, rising by a seasonally adjusted 16.8 percent, an industry group said.

Mortgage rates drop slightly in week

WASHINGTON, Oct. 23 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages eased slightly in the week ending Oct. 23, the Federal Home Loan Mortgage Corp. said Thursday.

U.S. mortgage rates rose in recent week

WASHINGTON, Oct. 16 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages rose in the week ending Oct. 16, the Federal Home Loan Mortgage Corp. said Thursday.

U.S. mortgage applications rise

WASHINGTON, Oct. 15 (UPI) -- The volume of applications for U.S. mortgages increased last week, rising by a seasonally adjusted 5.1 percent, an industry group said.

Mortgage rates drop slightly in week

WASHINGTON, Oct. 9 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages declined in the week ending Oct. 9, the Federal Home Loan Mortgage Corp. said Thursday.

Mortgage applications rise in week

WASHINGTON, Oct. 8 (UPI) -- The volume of applications for U.S. mortgages increased last week, rising by a seasonally adjusted 2.2 percent, an industry group said.
1 of 29
Youngsters compete in Scripps National Spelling Bee
View Caption
Contestants (L-R) Cooper Barth of West Long Branch, New Jersey, Eboseremhen Eigbe of Galloway, New Jersey, Jacob Bayly Hunter of Sante Fe, New Mexico and Massound Sharif of Albany, New York, all await their turns to compete during the 3rd round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. UPI/Mike Theiler