mortgage rates slide to record lowsmortgage rates continue to drop well below 4 percent. the average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this mba series. the purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period.first trust mortgage income fund declares its monthly common share distribution of $0.16 per share for junefirst trust mortgage income fund has declared the fund’s regularly scheduled monthly common share distribution payable on june 15, 2012 to shareholders of record as of june 5, 2012.fixed mortgage rates hover at record lowsa 30-year fixed rate mortgage averaged 3.78 percent; one year ago, the 30-year frm averaged 4.6 percentnew york mortgage prices stock offering at $6.65new york mortgage trust inc. announced friday that it set the price of its public offering of 2.8 million shares of stock at $6.65 each. |
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