Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: rate

Rate on 30-year mortgage falls to record 3.87 percent

WASHINGTON — The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed. Mortgage ...

Read More »

Editorial: Jobs crunch demands action

August’s jobs numbers have landed on Maryland with a resounding thud — another 2,500 jobs lost and an increase to 7.3 percent in the statewide unemployment rate. Employment gains in some sectors (14,700 jobs have been added since January) have ...

Read More »

Maryland Mortgage Program rate at record low

The Maryland Department of Housing and Community Development said Monday the interest rate for the state’s flagship mortgage financing program, the Maryland Mortgage Program, has dropped to 3.5 percent, the lowest level in its history. The program is primarily targeted ...

Read More »

Student loan default rate rises

The number of college students who defaulted on their federal student loans climbed in the fiscal year that ended in September 2008, according to new government data released Monday. And once again, those who attend for-profit colleges and universities were ...

Read More »