mortgage interest rates: Mortgage Rates Hit Historic Low - 11/28/09 05:28 AM
Mortgage rates fell this week with three of the 4 major mortgage products hitting all time lows. The most important of the four mortgage products the 30 year rate fell to 4.78 from 4.83 equaling the previous low. The 15 year mortgage product hit 4.29 beating the previous low of 4.32 … (3 comments)
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mortgage interest rates: 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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mortgage interest rates: 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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mortgage interest rates: Mortgage Rates Start to Rise - 10/16/09 04:11 AM
After falling for the last 6 weeks mortgage rates started to rise this week. The 30 year rate rose from 4.87 to 4.92. The 15 year mortgage rose from 4.33 to 4.37. Both arms rose as well with the 5 year arm rising from 4.35 to 4.38 and the 1 year … (1 comments)
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mortgage interest rates: Mortgage Rates Continue to Fall - 10/07/09 01:18 AM
Mortgage Rates Fell yet again this week. The 30 year fell from 5.04 to 4.94. This marks the 5th week in a row where mortgage rates have either fallen or held steady. For the most part rates have been slowly falling. In fact this week accounts for half of the total … (0 comments)
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mortgage interest rates: Mortgage Rates Continue to Drop - 09/22/09 02:51 AM
Mortgage rates have now dropped for 3 weeks in a row. We are not seeing a lot of movement. 30 year rates have only dropped from 5.14 to 5.04 in the last 3 weeks. What is interesting is that rates are dropping at all. Most of the news have focused on … (1 comments)
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mortgage interest rates: Mortgage Rates Hold Steady - 08/29/09 11:47 PM
For the most part mortgage rates held steady this week after dropping sharply last week. The 30 year rate rose slightly from 5.12 to 5.14 after dropping from 5.29 the week before. The 15 year rate rose from 4.56 to 4.58. The 1 year arm held steady at 4.69 and the … (1 comments)
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mortgage interest rates: Are Mortgage Rates Primed To Rise - 08/14/09 03:38 AM
Mortgage rates rose again this week. This is the third time in the last 4 weeks that mortgage rates have risen. Why are mortgage rates rising? There are numerous factors at play but generally once the economy recovers it's expected that inflation, and mortgage rates, should rise. The last month of … (0 comments)
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mortgage interest rates: 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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mortgage interest rates: 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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mortgage interest rates: 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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mortgage interest rates: New Legislation to Regulate Credit Card Companies - 06/04/09 11:53 PM
A bill will soon become law that curtails certain practices of the credit card companies. The irony is that banks were told this month to raise more capital, then Congress decides to impede one of the banking industries more lucrative businesses. That is not to say that banks should be allowed … (2 comments)
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mortgage interest rates: 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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mortgage interest rates: Chapter 7 or Chapter 11, Which Should I Use? - 04/21/09 12:06 AM
Have you done all you can to settle your debts, but do not have enough income to cover all the debts? Maybe you lost your job, like 90% of the most other individuals who file for bankruptcy. The creditors keep coming at you for collection. They call day and night. One … (5 comments)
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mortgage interest rates: Mortgage Rates Hit New All Time Lows - 04/05/09 01:26 AM
Mortgage Rates were already at all time lows last week. This week they fell further. The 30 year rate fell from 4.85 to 4.78. The 15 year rate fell as well going from 4.58 to 4.52. The difference between the 30 year fixed and the 15 year fixed is the smallest … (3 comments)
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mortgage interest rates: Mortgage Rates Inch Toward All Time Lows - 03/24/09 12:23 AM
30 year mortgage rates dropped below 5% for the second time this year. It was also the second lowest rates posted by Freddie Mac in the last 40 years (the lowest being 4 weeks ago). Rates hit 4.98 this week close to the all time low of 4.96 that was reached … (0 comments)
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mortgage interest rates: Mortgage Rates Back Down to Historical Lows - 03/15/09 12:20 AM
30 Year Mortgage Rates dropped from 5.15 to 5.03. With the exception of the weeks of January 8th, 2009 and January 15th 2009 this is the lowest rates have been in over 40 years. The other 3 major mortgage products dropped as well with 15 year arms moving down from 4.72 … (1 comments)
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mortgage interest rates: Mortgage Rates Hold Steady - 03/03/09 11:24 PM
Mortgage rates held even this week. For a recent history of rates we saw rates reach an all time low of 4.96 on January 15th. After that rates jumped up to 5.25 on February 5th. Since then rates have come down. 30 year rates are now at 5.07 so just a … (2 comments)
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mortgage interest rates: 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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mortgage interest rates: Mortgage Rates Move Down - 02/16/09 08:42 PM
Mortgage rates came down a little this week. We are still not back down to the levels we saw two weeks ago. 30 year rates fell from 5.25 to 5.16. This is a little higher than the 5.10 we saw two weeks ago and .2 points higher than the 4.96 we … (1 comments)
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