Mortgage rates and the Fed Funds Rate are two different interest rates; completely disconnected. Here’s a chart that proves it.
Entries Tagged as 'Mortgage Rates'
Mortgage Rates Don’t Move With The Fed Funds Rate
August 19th, 2011 · Comments Off on Mortgage Rates Don’t Move With The Fed Funds Rate
Tags: Mortgage Rates
Mortgage Rates Make New 2011 Lows
August 5th, 2011 · Comments Off on Mortgage Rates Make New 2011 Lows
According to Freddie Mac’s weekly Primary Mortgage Market Survey, the national, average 30-year fixed rate mortgage fell to 4.39% this week — the lowest 30-year fixed reading since November 18, 2010.
Tags: Mortgage Rates
5-Year ARM Falls To Historic Lows
July 1st, 2011 · Comments Off on 5-Year ARM Falls To Historic Lows
The interest rate differential between fixed-rate and adjustable-rate mortgages continues to widen and has now reached historic levels. There’s never been a better time to lock an ARM.
Tags: Mortgage Rates
Is This The Start Of A Refi Boom? Mortgage Rates Fall For 8 Straight Weeks.
June 14th, 2011 · Comments Off on Is This The Start Of A Refi Boom? Mortgage Rates Fall For 8 Straight Weeks.
Mortgage rates have dropped 8 weeks in a row. Not even last year’s Refi Boom produced an 8-week winning streak. This season’s streak is historic.
Tags: Mortgage Rates
Do You Know What Questions To Ask Your Lender?
June 10th, 2011 · Comments Off on Do You Know What Questions To Ask Your Lender?
In this back-to-basics interview, you’ll learn some mortgage planning basics to help you get smarter with your next home loan — purchase or refinance.
Tags: Mortgage Rates
Memorial Day Messes With Mortgage Rates
May 24th, 2011 · Comments Off on Memorial Day Messes With Mortgage Rates
Mortgage rates across the state are near year-to-date lows, but locking them in this week may be difficult.
Tags: Mortgage Rates
Geopolitics Have Mortgage Rates Poised To Change
May 3rd, 2011 · Comments Off on Geopolitics Have Mortgage Rates Poised To Change
Among the most challenging aspects of shopping for a mortgage is how rates change constantly. It’s hard to pin them down. Especially when geopolitics are involved.
Tags: Mortgage Rates
Plan To Sell Within 5 Years? Consider An Adjustable-Rate Mortgage.
April 5th, 2011 · Comments Off on Plan To Sell Within 5 Years? Consider An Adjustable-Rate Mortgage.
The interest rate gap between fixed-rate mortgages and adjustable-rate mortgages is growing. It peaked 2 weeks ago, but remains huge at 1.16 percentage points.
Tags: Mortgage Rates
15-Year Fixed Rate Mortgages Look Cheap Compared To Comparable 30-Year Fixeds
March 25th, 2011 · Comments Off on 15-Year Fixed Rate Mortgages Look Cheap Compared To Comparable 30-Year Fixeds
If you’ve ever explored the idea of using a 15-year fixed rate mortgage for your home, the math is in your favor today. Talk to your loan officer before rates start rising.
Tags: Mortgage Rates
Mortgage Rates Return To April 2010 Levels
February 11th, 2011 · Comments Off on Mortgage Rates Return To April 2010 Levels
As of this morning, mortgage rates are higher over 9 consecutive days, marking the longest mortgage rate losing streak in the last 6 years, at least.
Tags: Mortgage Lending · Mortgage Rates