Mortgage Interest Rates Poised to Move Up?
Mortgage interest rates have been in quite a tight range over the last month. Most of July, mortgage rates have been between 5.1% and 5.3%. At the end of July, we saw a quick sell of of the treasury yields which sent mortgage rates all the way down to 5.05%. Many analysts were predicting that [...]
Mortgage Refinance Rates Becoming Very Attractive
Mortgage refinance rates are becoming very attractive now that average mortgage rates are working their way back towards 5%. Many home owners who had the desire to refinance at low mortgage rates were shaken by the run up that occurred in Late May and early June. Interest rates are trended lower since then, but very [...]
Daily Mortgage Rates and 10 Year Treasury Rate – July 9th
Yesterday we had a breakdown of the interest rate on the 10 year treasury rate. The Federal Reserve continues to buy United States debt which repeatedly sends the treasury rate much lower. The treasury rate was down almost a full five percent yesterday to 3.29%. This is well below the 50 day moving average and [...]
125% Loan-To-Value Refinance – Will It Help?
Please use Subprime Blogger to keep up with your daily mortgage rates. There are also articles to help you get information on mortgage rate trends. On July 1st, 2009, President Obama announced that the refinancing part of the Making Home Affordable plan was being adjusted. When the plan was first released in March, lenders were [...]
Daily Mortgage Rates News – 125% Loan-to-Value Refinance
I am still going through my resources to get the entire mortgage bailout package expansion. For now, please check out this link as it explains a good deal of what you will want to know. Basically, President Obama has expanded the Making Home Affordable Refinance Program to allow those who have up to 25% negative [...]
Refinance Best Rates Available For Home Owners
Please use Subprime Blogger to get your daily mortgage rates news. There are also several articles providing information on the interest rate forecast. When deciding to refinance getting the best rates available is extremely important. One of the top searches on google for refinance is “refinance best rates.” The best rate that you can get [...]
Mortgage Rates Jump In June to 5.29%
For the last six months I have harped on mortgage rates being down in both my mortgage rate predictions column as well as my mortgage rates forecast. This week, we saw a huge jump in mortgage rates from 4.91% to 5.29% according to the Freddie Mac weekly survey. This is the highest level mortgage rates [...]
Refinance Sunday – Will the Obama Refinance Plan Help You?
As many of you know, the Making Home Affordable plan is President Obama’s way to help you refinance. The plan is expected to help home owners refinance at the current historically low rates. This seems like a great idea in theory, but it is not working out exactly to plan. The problem that many borrowers [...]
Low Rate Refinance Could Save You Money
With Freddie Mac reporting that mortgage rates currently average 4.85% across America, it makes sense that now is the time to refinance. By refinancing in the current mortgage environment, you could save over $30,000 on a $249,000 mortgage and have it paid off five years earlier than predicted. You will need to make sure that [...]
Mortgage Rates Will Hit Historical Lows, Thank You Ben Bernanke
On March 18th, 2009, Ben Bernanke and the Federal Reserve Bank announced that they intended to buy up to $300 billion in long term treasuries as well as soak up $750 billion in mortgage backed securities. So, the question one must ask is, “Where is this money going to come from?” Ah, yes, that printing [...]
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