Real estate blog entries tagged with mortgage interest rates by Joseph Metzler MLO MMS NMLS # 274132 (Mortgages Unlimited, Inc)

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Home : Blogs : Joseph Metzler MLO MMS NMLS # 274132 : Minnesota Mortgage Blog - Mortgage and Real Estate News You Can Use : Tag "mortgage interest rates"

mortgage interest rates: Mortgage rates about to go up due to hidden tax - 01/12/12 06:05 PM

All home mortgage interest rates are about to go up due to new hidden tax congress buried into all new mortgage loans. As part of the deal to extend a temporary reduction in payroll taxes, Congress last month approved a permanent increase in the fees borrowers pay on mortgages backed by Fannie Mae, Freddie Mac and the FHA. The increase is an annual charge of at least 10 basis points – equal to one-tenth of one percent of the loan amount. That’s equal to an additional $300 a year on a $300,000 mortgage, or an additional $25 a month. The increase … (1 comments)

mortgage interest rates: Have mortgage interest rates finally bottomed out? - 12/08/11 08:08 AM

Have mortgage interest rates bottomed out?
The most recent Freddie Mac's weekly Primary Mortgage Market Survey (www.FreddieMac.com) has the most recent average 30-year fixed rate mortgage at 4.00% - about the same as it has been for the past few months.
Over recent months, the average 30-year fixed mortgage rates have ranged between 3.97% and 4.02% with an accompanying 0.70% discount points, and standard closing costs. Closing costs can vary by state and 1 discount point is equal to 1 percent of your loan size. An example of state differences: Minnesota has a "Mortgage registration tax" of either .0023% or .0024% of the … (3 comments)

mortgage interest rates: Oops - you just missed the mortgage interest rate boat! ---- NOT !! - 10/10/11 03:39 PM

Oops - you just missed the mortgage interest rate boat... or did you?
St Paul, MN: The headlines are screaming... Mortgage interest rates just hit historic lows again for the forth straight weak. The morning talk shows are asking if it is a good time to refinance your home? So is it a good time to refinance? The answer is probably yes, but let's find out the truth about interest rates and how they work.
The main item to understand is simple. Mortgage rates go up and down everyday. Sometimes a lot. Sometimes a little. There are many factors that contribute … (1 comments)

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Joseph Metzler MLO MMS NMLS # 274132

, MN

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Mortgages Unlimited, Inc

Address: 33 Wentworth Ave E #290, Saint Paul, MN, 55118

Office Phone: (651) 552-3681

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Mortgage industry news and insights from a 15+ year industry expert. Mortgage are Real Estate News You Can Use. Joe is a Certified Minnesota Mortgage Specialist, who provides home mortgage loans not only in the Minneapolis, St Paul area, but all of Minnesota and Wisconsin.

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