Mortgage Interest Rates September 27 – Rates Low Today
Mortgage interest rates for September 27th, 2009 continued to be low today. The conventional 30 year fixed mortgage rate is at 4.95% with the 15 year fixed rate at 4.55%. The 5/1 ARM is down to 3.68%. Yesterday there was quite a bit of movement in mortgage interest rates which was unexpected. Being the last [...]
VA Home Loan Mortgage Rates September 26 – Current Rates Unchanged
VA home loan mortgage rates for September 26th, 2009 have changed very little as current conventional mortgage rates stabilize. Current VA home loan rates for the 30 year fixed are around 3.95%. As many of you know, VA loan rates are generally one full percentage point lower than conventional mortgage rates. Last week was a [...]
FHA Loan Rates September 26 – Mortgage Refinance Rates Unchanged Today
FHA loan rates for September 26th, 2009 have changed very little at 5.73%. Conventional mortgage rates are unchanged today as there is likely to be very little volatility with it being the month of September and the end of the month. Most individuals in the financial industry have taken the weekend off and we are [...]
Mortgage Interest Rates September 26 – 30 Year Under 5%
Mortgage interest rates for September 26th, 2009 remained low. The 30 year fixed mortgage rates continues to stay under 5% at 4.99% while the 15 year fixed mortgage rate is at 4.42%. The 5/1 ARM is up to 3.93%. These movements are very slight and we can expect very little change this weekend as it [...]
Unemployment Rate Drops to 8.6% in the Triangle in August; Fewer People with Jobs
The Unemployment rate in the Triangle area of North Carolina (Raleigh, Durham, and Chapel Hill) dropped to 8.6% in August. This does not mean that the job picture is improving. More than 5200 fewer people were working last month and the size or the work force fell by more than 10,000. North Carolina State University [...]
Bad Credit Payday Loans – Unemployed Loans Out There?
Bad credit payday loans are a quick way to get money but should the unemployed really use these as a way to borrow money. In all reality almost anyone can borrow money through the payday loan process but if you are unemployed it is going to be extremely difficult to pay these loans back. If [...]
Bad Credit Debt Consolidation – One Payment Each Month
Going through bad credit debt consolidation can greatly help you save money in the long run. By putting all your unsecured debt into one payment each month you will find that you will pay an interest rate that is lower than all your combined debts. There is a strong possibility that one of your lines [...]
First Time Home Buyer Tax Credit Extension Could Grow Home Sales
An extention of the first time home buyers tax credit could potentially grow home sales by 20% or 334,000 says Zillow. The survey found that if the tax credit were extended 18% said that the $8000 tax credit would be the primary reason while 25% said it would be a significant reason. Another 27% claimed [...]
KB Home Misses Estimates; Stock Down 6%; Housing Recovery Slow
KB Home missed Wall Street estimates which sent the stock down 6%. This miss of analysts estimates reiterates that the housing recover is going to be very slow. The company lost 87 cents a share or $66 million. This is much smaller than the loss of the third quarter last year which was $144 million [...]
VA Home Loan Mortgage Rates September 25 – Interest Rates Stable
VA home loan mortgage rates for September 25th, 2009 have stabilized greatly at 3.97%. Yesterday we saw mortgage interest rates for the conventional 30 year fixed rate go from 4.91% to 5.05% and everywhere in between. Today we have seen interest rates stabilize as the blow off after the Federal Reserve Bank meeting seems to [...]
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