Mortgage Rates Decline; Current 30-Year Fixed Rate is 4.76%, According to Zillow(R) Mortgage Rate Ticker (PR Newswire via Yahoo! Finance) The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.76 percent, down four basis points from 4.80 percent compared to this same time last week. The 30-year fixed mortgage rate fluctuated between 4.76 and 4.82 during the past week.

Fixed-rate mortgage? Homeowners should consider all alternatives (Guardian Unlimited) You may pay over the odds if you panic-buy a fixed-rate mortgage when rates start rising, warn brokers Borrowers who stampede for fixed-rate deals as soon as the base rate starts rising could end up paying over the odds for their loans, mortgage brokers warn. Although the Bank of England last week kept its base rate at 0.5% for the 13th month in a row, economists and mortgage market watchers are ...

YBS launches tracker mortgage (Mortgage Introducer) The rate has been cut by 0.60% to 3.79% (BoE + 3.29%) saving someone £1,200 in interest payments with a £150,000 mortgage over the 2 year term, says YBS. The product has a low fee of £495 and offers free valuation and legal fees to those people looking to remortgage.

TCW Returns to Mortgage Bonds It Sold After Declines (Update1) (Bloomberg) March 9 (Bloomberg) -- TCW Group Inc., the money manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it rushed to sell earlier this year.

TCW Returns to Mortgage Bonds It Was Selling After Prices Fall (Bloomberg) March 9 (Bloomberg) -- TCW Group Inc., the fund manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it was rushing to sell early this year.

Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets (Bloomberg) March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.

TCW Returns to Mortgage Bonds It Sold After Declines (Update1) (BusinessWeek) TCW Group Inc., the money manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it rushed to sell earlier this year.

Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets (Bloomberg) March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates are trading at the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.

Have your say: No interest rate worries, agents say (Leader Community Newspapers) THE LATEST interest rate rise won't affect people house-hunting here, say real estate agents in Springvale and Dandenong.

Ontario increase leads as annual rate of housing starts rises in February: CMHC (Investment Executive) The seasonally adjusted annual rate of housing starts reached 196,700 units in February, an increase from 185,400 in January 2010. Canada Mortgage and Housing Corp, reports the gain was concentrated in the multiple starts segment, particularly in Toronto.