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A Truly Uncanny Week For Mortgage Rates Now, rates have been falling again, amid concern that the economy is slowing. According to Freddie Mac, the average rate on a 30-year, fixed-rate mortgage dropped to 4.06 percent at the end of March..

"Reinstating" is when you catch up on the missed payments, plus fees and costs, to stop a foreclosure. In Texas, you get the right to reinstate the loan within 20 days after the servicer serves (mails) the Notice of Default and Intent to Accelerate..

In the mortgage world, “2” is the magic number. Mortgage Masters Group As the economy stabilizes following two years of recession, the number. mortgage boom would sweep up a slew of industries from construction to retail, feeding appetite for housing and converting it.

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