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what next for mortgage rates?the best new mortgage rates have leapt in recent months, but will they keep rising and should you take a fixed or tracker deal? read our latest analysis.mortgage insurers face ratings downgradesthree australian mortgage insurers are facing possible downgrades by ratings agency moody’s investors services.low mortgage rates attracting more short-term borrowerswith the 15-year rate in sub-3% territory, about 3 in 10 refinancers are opting for loans of less than 30 years. traditional 30-year fixed-rate loans are averaging 3.75%, a record low for the fifth straight week. as mortgage rates sink deeper into record territory, homeowners are refinancing into 15-year loans at a pace not seen in a decade, aiming to pay off their debt in time for retirement.suntrust mortgage settles fed complaint for $21msuntrust mortgage inc. has agreed to pay $21 million to settle a federal lawsuit alleging racial discrimination in its lending practices, documents filed thursday in u.s. district court show. |
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