free mortgage calculator: Mortgage Rates Plummet: 6th Lowest of All Time - 11/23/09 01:04 AM
Rates fell for the third straight week. They hit the lowest point since May 21st and they reached the 6th lowest point in history. It will come as no shock to those that have been following rates that the 5 lower rates all occurred this year. Below are the 6 lowest … (0 comments)
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free mortgage calculator: Mortgage Rates Start to Rise : Is Inflation Next - 10/24/09 11:58 PM
The 30 year rate rose again this week rising from 4.92 to 5.00. Now in the last two weeks 30 year mortgage rates have risen from 4.87 to 5.00. Most of the other major mortgage products rose as well. The 15 year rate rose from 4.37 to 4.43. Both the 5 … (4 comments)
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free mortgage calculator: Mortgage Rates Start to Trend Upward Again - 08/03/09 09:17 PM
Although we are not seeing too much movement it looks like mortgage rates are starting to trend upward. It's interesting to note that the stock market had its strongest July in several years. Once the economy has a full recovery there are some predictions that inflation will spike and mortgage rates … (0 comments)
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free mortgage calculator: Mortgage Rates Continue to Fall - 07/18/09 04:47 AM
Mortgage rates continue to fall this week. The 30 year rate fell from 5.32 to 5.20. While this is not lower than the rates we saw a few months ago this is lower than any recorded rate before the start of 2009. The 15 year rate fell as well dropping from … (7 comments)
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free mortgage calculator: Mortgage Rates Fall Again - 07/04/09 03:53 AM
Mortgage Rates fell this week with the 30 year rate dropping from 5.42 to 5.32. They have fallen .27 points from their recent high of 5.59 reached on June 11, 2009. Rates are still up from the all time low of 4.78 they reached on April 30, 2009. Except for the … (1 comments)
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free mortgage calculator: After 2 Weeks of Large Increase Mortgage Rates Fall Again - 06/20/09 12:50 AM
So for the previous two weeks we saw sizable gains in mortgage rates. Between May 28th and June 11th 30 year mortgage rates jumped from 4.91 to 5.59. This week we saw rates drop down to 5.38. Although we are still above what we were at two weeks ago it's nice … (2 comments)
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free mortgage calculator: Mortgage Rates Skyrocket - 06/12/09 03:48 AM
Last week mortgage rates moved up rapidly, moving up from 4.91 to 5.29. This week mortgage rates again jumped up .3 points going from 5.29 to 5.59. On May 21st rates were sitting at 4.82 which was a 40 year low. Now just a few weeks later rates are at 5.59. … (3 comments)
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free mortgage calculator: Mortgage Rates Spike Up Rapidly - 06/04/09 11:56 PM
Mortgage Rates spiked up this week. The 30 year rate jumped from 4.91 to 5.29. This is the highest we have seen mortgage rates all year. Last week mortgage rates moved from 4.82 to 4.91 last week. What is interesting is that in two weeks mortgage rates have moved from near … (2 comments)
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free mortgage calculator: Mortgage Rates Start to Rise - 05/21/09 01:02 AM
Mortgage rates rose slightly this week. The lowest rates we have seen in the last 50 years came just 2 weeks ago when 30 year mortgage rates hit 4.78. Since then rates have risen slightly to 4.86. Although off of record lows mortgage rates are still very low by historical standards. … (0 comments)
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free mortgage calculator: Mortgage Rates Fall: The 15 Year Mortgage Rate Hits All Time Low - 04/21/09 12:12 AM
Mortgage rates dropped this week from 4.87 to 4.82. They did not drop below the all time low of 4.78 that they hit two weeks ago. For the last month, for the most part, we have not seen a lot of movement and instead have just seen the 30 year mortgage … (1 comments)
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free mortgage calculator: Mortgage Rates Plummet and Hit All Time Low - 03/28/09 05:44 AM
Following the release of the government's plan to buy toxic debt from banks mortgage rates fell to new all time lows. The 30 year rate fell from 4.98 to 4.85 this week. This is .11 points below the previous all time low of 4.96 that was reached on January 15, 2009. … (1 comments)
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free mortgage calculator: National Economy: Is It All About Perception? - 03/20/09 02:10 AM
CNN's Ali Velshi and Erica Fink recently did a comparison of what they considered to be five key measures of the economy. Using what they call the "CNN Real Feel Economic Index," they looked at jobs, personal income, personal savings, industrial production, and home prices.
According to Velshi and Fink, … (4 comments)
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free mortgage calculator: What Does Bank Nationalization Mean? - 03/09/09 01:56 AM
There has been talk in recent weeks about the possibility of the U.S. government nationalizing some struggling banks, like Bank of America or Citigroup. While Federal Reserve Chairman Ben Bernanke has said that is not the government's plan, political pundits and economic analysts aren't so sure.
As Bernanke faced the … (4 comments)
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free mortgage calculator: Mortgage Rates Fall Back to Previous Lows - 02/22/09 01:03 AM
Mortgage rates fell for the second week in a row. 30 year rates fell to a 40 year low to start the year dropping down to 4.96 on January 15th. After that rates rose up to 5.25. Now rates have fallen back to almost reach their previous lows. In fact this … (0 comments)
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free mortgage calculator: After Hitting Historic Lows Mortgage Rates Jump Up - 02/07/09 03:55 AM
After falling for the last 2 months 30 year mortgage rates jumped up this week. The 30 year mortgage went from 5.10 to 5.25. This is the highest we have seen December 11, 2008. The 15 year mortgage moved up as well from 4.80 to 4.92. Below are rates for the … (0 comments)
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free mortgage calculator: Mid-Winter Fest Dispels Winter Duldrums with Traditional Music - 02/03/09 03:15 AM
The Austin Friends of Traditional Music promise to erase our winter duldrums with this year's Mid-Winter Festival. The festival includes an impressive performance roster as well as workshops in Irish fiddle, Appalachian clogging, bluegrass vocal harmonies, jug band music, and more.
The festival kicks off with Mary Hattersly and … (0 comments)
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free mortgage calculator: Mortgage Rates Hold Steady - 01/30/09 02:54 AM
Mortgage rates for the most part held steady this week. The 30 year rate dropped from 5.12 to 5.10. Rates are still at historic lows. The rates for the last month have all been below anything we have seen in the last 40 years since we started tracking weekly mortgage rates. … (2 comments)
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free mortgage calculator: Mortgage Rates Move Up For First Time In 3 Months - 01/26/09 02:47 AM
All good things must come to an end. After 12 weeks of falling rates interest rates went up this week. The 30 year rate went back above 5 jumping from 4.96 to 5.12. Below are rates from the last few weeks and October 30 which was when rates first started to … (3 comments)
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free mortgage calculator: Mortgage Rates Continue To Fall - 01/10/09 02:28 AM
This is now the 11th week in a row where 30 mortgage rates have fallen. It also marks the 4th week where mortgage rates have hit new 40 year record lows. In this market the 30 year mortgage product has become by far the most used mortgage product. This is because … (4 comments)
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free mortgage calculator: Mortgage Rates Hit Fresh 30 Year Lows (Again) - 01/05/09 02:50 AM
So rates fell slightly this week. This marks the 10th week in a row rates have fallen. This is also the 3rd week where the the 30 year mortgage rate (the most popular mortgage product) has hit new 30 year lows. The 30 year rate fell from 5.14 to 5.10. The … (0 comments)
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