Sentences with phrase «terms during the fourth quarter»

An increasing share of refinancing borrowers chose to shorten their loan terms during the fourth quarter.

Not exact matches

During the fourth quarter of 2012, only 4 percent of mortgage borrowers opted to lengthen their loan term; but another 69 percent kept the same loan term, according to Freddie Mac.

«We must become more consistent in meeting our release dates and managing production costs to achieve the highest possible returns on our creative and financial investments,» Chairman Strauss Zelnick said during their fourth quarter earnings call yesterday, adding that delaying a title will still be considered to take advantage of a better release window but that, «in terms of commitment to quality and excellence,» the commitment to their core business is «unwavering».

«On housing, we upped this year's 30 - year fixed mortgage rate forecast by 30 basis points to an average of 4.4 percent during the fourth quarter as a result of the unexpected spike in long - term interest rates at the start of the year,» says Duncan.

«Fixed mortgage rates averaged 4.00 percent for 30 - year loans and 3.30 percent for 15 - year product during the fourth quarter in Freddie Mac's Primary Mortgage Market Survey ®, well below long - term average,» says Frank Nothaft, Freddie Mac vice president and chief economist.

Of borrowers who refinanced during the fourth quarter of 2013, 39 percent shortened their loan term, up 2 percent from the previous quarter and the highest since 1992.