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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

Mortgage rates and the Fed Funds Rate are two different interest rates; completely disconnected. Here’s a chart that proves it.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Tags: Mortgage Lending · Mortgage Rates