Real estate blog entries tagged with mortgage interest rates by Fred Chamberlin - Oak Harbor/Whidbey's #1 Experienced FHA Mortgage Consultant (Guild Mortgage Co

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Home : Blogs : Fred Chamberlin - Oak Harbor/Whidbey's #1 Experienced FHA Mortgage Consultant : Fred's FHA Mortgage and Conventional Real Estate Loan Blog : Tag "mortgage interest rates"

mortgage interest rates: Mortgage Rates Will Probably Go Up From Here - 01/19/10 12:18 PM

As I have said before, I don’t normally quote mortgage rates for a number of reasons, but I am going to make an exception again today. Today’s 30 year fixed rate for a conventional loan for the Eugene/Springfield, Lane County Oregon market is at 4.875%/5.041% APR*. The reason I am doing this is because I think this rate will be going up shortly. How soon is a really good guess, but undoubtedly by the end of March, but I expect it to happen much sooner.
Why do I expect movement sooner, rather than later? Well, I think we are seeing … (3 comments)

mortgage interest rates: Short Sale - Want To Bet It Ever Makes It? - 01/13/09 11:40 AM

I have a customer that I am working with on a short sale. The property is a definite starter home but more is owed against it than it more than the offer. The offer is the maximum the client is able to pay for the property and qualify for the loan at current interest rates. The property has had no offers to purchase, one of the reasons is that it is in a flood zone so there is extra cost for the flood insurance. So it isn't a case of someone trying to steal it just to get a good deal. It is a case of … (17 comments)

mortgage interest rates: Could Mortgage Interest Rates Drop to 4.5% with Treasury Intervention? - 12/04/08 08:09 PM

The latest rumor (anonymous comment) coming from our "tight lipped" bureaucrats in Washington is that Treasury Secretary Henry Paulson is considering a new plan to reduce mortgage rates in another bid to revive the U.S. housing market. The Treasury could, under this new plan, step up purchases of mortgage backed securities (MBS) to drive down interest rates on some loans to 4.5 percent, the official said on condition of anonymity. The possibility that this plan could change is enormous. Mortgage applications surged by a record last week and the average rate on a 30-year fixed-rate loan dropped to 5.47 percent, the … (68 comments)

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Fred Chamberlin - Oak Harbor/Whidbey's #1 Experienced FHA Mortgage Consultant

Oak Harbor, WA

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Guild Mortgage Co - Oak Harbor WA

Address: 32785 State Route 20, Suite 5, oak Harbor, wa, 98277

Office Phone: (360) 675-6106

Cell Phone: (541) 221-3455

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