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5 tips for buying a foreclosed home
MORTGAGE
5 tips for buying a foreclosed home
To find a great deal on a foreclosed home, do the legwork first. Here's what
you need to know.
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    NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
    30 yr fixed mtg 5.38% 5.56%
    15 yr fixed mtg 4.85% 4.97%
    5/1 ARM 4.79% 4.70%
    30 yr fixed jumbo mtg 6.50% 6.56%
    5/1 jumbo ARM 5.24% 5.24%
    Rates may include points
    To compare local rates enter ZIP code:
    NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
    $30K HELOC 5.86% 5.82%
    $50K HELOC 5.85% 5.81%
    $30K Home Equity Loan 8.79% 8.78%
    $50K Home Equity Loan 8.84% 8.83%
    $75K Home Equity Loan 8.84% 8.83%
    Rates may include points
    To compare local rates enter ZIP code:
    NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
    36 month new car loan 7.14% 7.17%
    48 month new car loan 7.30% 7.32%
    60 month new car loan 7.39% 7.41%
    36 month used car loan 7.77% 7.79%
    Rates may include points
    Select a product to compare rates:
    NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
    6 month CD 1.38% 1.33%
    1 yr CD 1.72% 1.76%
    5 yr CD 2.59% 2.62%
    1 yr IRA CD 1.54% 1.57%
    5 yr IRA CD 2.50% 2.41%
    Rates may include points
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    FINANCIAL LITERACY
    Rev up your portfolio
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    Charles Schwab
    NEWS THIS WEEK
    See rates from our national survey of mortgages, home equity products, auto loans, credit cards and CDs. Thieves thrive when economic times are tough. Here are a few tips to avoid fraud and protect your money. It's tempting today to consider investments offering higher yields, but for short-term goals, safety comes first. Weigh these options to determine if the home should be set up as a rental property or a second home. Borrowers looking for funds in a down economy have options other than raiding their retirement savings. Homeowners are falling prey to mortgage modification scams. Here are four ways to disarm the trap.
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    * Mortgage rate may include points. See rate tables for details. Click here.
    * To see the definition of overnight averages click here.

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