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Daily Mortgage Rates News – Applications Up, Rates Drop

Daily mortgage rates news offers information on the overall mortgage market as well as mortgage rate trends.  Today we look at rates dropping while mortgage applications are up. Last week, mortgage applications rose due to the interest in for home refinancing loans.  Although overall applications were up demand for home purchase loans was down.  The [...]

Mortgage Rates Forecast – Downward Trend to Continue?

UPDATE: The most recent mortgage rates forecast article can be found here: Mortgage Rates Forecast – Interest Rates Stay Around 5.15%.  Mortgage rates have been quite volatile lately so it is a good idea to stay ahead of the crowd by knowing where overall rates are going.  Make sure to use Subprime Blogger to get [...]

Mortgage Rate Predictions – Rates Head Lower

Last week was the second straight week of mortgage rate increases, but I see that changing this week.  I have nothing to base this on other than intuition but I just feel that the Federal Reserve will start stepping to the plate a little bit more for force rates lower.  Obviously they have much more [...]

Daily Mortgage Rates News – Goldman, Morgan Stanley and JP Morgan Repaying TARP?

Daily mortgage rates news offer you information on the entire real estate market and how it effects overall mortgage rates.  Today we are going to look at some of the better financial institutions applying to pay back TARP funds. Today Bloomberg reported that Goldman, Morgan Stanely and JP Morgan have applied to repay up to [...]

Daily Mortgage Rates News – How Low Will Rates Go?

Daily mortgage rates news gives readers information on the current mortgage market and how it affects your overall life.  Today we ask the question “How Low Will Rates Go?” Yesterday I posed the question “What is the Fed’s Next Move with Mortgage Backed Securities?“  The answer to this question will help to determine exactly how [...]

Daily Mortgage Rates News – What is the Fed’s Next Move?

Daily mortgage rates news provides information for the reader interested in the real estate and mortgage market.  Today we analyze the next move of the Federal Reserve Bank. After several weeks of cutting back on buying mortgage backed securities, the Federal Reserve Bank has to decide what their next move is going to be.  If [...]

Daily Mortgage Rates News – Americans Continue to Buy on Credit

Daily mortgage rates news offers information on mortgage and real estate news.  Today we analyze the fact that Americans continue to buy on credit in this troubling economy. The CNBC article Credit Card Defaults Reach Record Highs in April states U.S. credit card defaults rose in April to record highs, with Citigroup and Wells Fargo [...]

Refinance Rates Continuing Higher as Forecasted in Mortgage Rate Predictions

Earlier this week I made the prediction that mortgage rates would tick a bit higher due to the financial institutions asking for more money: This is a tough week as the stress test results were released and MANY financial institutions are asking for more money.  It will be interesting to see how mortgage rates react [...]

My Body For Life

I started a new website to chronical my adventure completing Body-for-Life.  The website is thebody4life.com and I hope some of you find some valuable information on powering the mind and body.  I will be working hard on that site but will do my best to not neglect the mortgage information provided on this site.

Mortgage Rate Predictions – Mortgage Rates Continue Higher

Last week I pointed out that the Federal Reserve Bank was easing on the purchases of Mortgage Backed Securities which should cause mortgage rates to see a short term bounce.  Well, it looks as if that bounce may last two weeks as rates are likely to head a little bit higher.  This is a tough [...]

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