The plan, which requires approval by Congress, would allow borrowers who are current on their mortgage to save an average of $3,000 a year byrefinancinginto loans backed by the Federal Housing Administration ToApply for a mortgageRefinance or Purchase and take advantage of the low rates today,...
dipped to 2.80 percent. That’s below last week’s previous record of 2.83 percent..The rate on the 30-year loan has fallen to or matched record-low levels in 13 of the past 14 weeks. Cheaper mortgages have helped drive a modest but uneven housing recovery this year. ...
He’s also expected to announce new steps to help minority-owned businesses grow and to address racial discrimination in the housing market, according to senior administration officials. This year marks the 100th anniversary of a race massacre in the Greenwood District of Tulsa, which encompassed...