mortgage rate trends: Current mortgage rate trends 4-14-11 Raleigh home loans - 04/14/11 01:34 PM
Mortgage rates have been improving lately due to pessimism about the US economy.  Those considering a refinance or a home purchase should take advantage of these low rates. Mortgage rates will rise in the near future when our economy continues to shoe signs of improvement.
Mortgage loans are sold as bonds.  When people feel pessimistic about the economy they buy "safer" investments, re: bonds.
Buying bonds causes mortgage rates to drop.  Selling bonds causes mortgage rates to rise.  The Fed has nothing to do with mortgage rates so when you see ads that say the Fed lowered interest rates they are … (0 comments)

mortgage rate trends: Todays mortgage rate trends 2-11-2011 - 02/11/11 05:32 AM
Mortgage rates started off about the same as yesterdays close.  We started to see some improvement and had hopes of a rate change for the better but the rally lost steam and overall mortgage rates remain pretty flat this morning. 
Mortgage rate quotes given early this morning should still be the same as of 10:00 AM PST.

How to read this chart:  The blue line on the chart is today's mortgage rate trend.  When it is going upward it means a chance for lower rates and downward means a chance for higher interest rates. The white line is yesterdays … (1 comments)