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freddie mac: Today’s Mortgage Rates Hit Record Lows - 06/25/10 03:47 PM
Today’s mortgage rates have officially hit all-time record lows according to Freddie Mac.
The average interest rate for a thirty-year fixed rate mortgage yesterday was at 4.65%, this is down from last week when the thirty-year fixed averaged 4.75%. This time last year the average rate for this type of loan was 5.42%.
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freddie mac: Instability in Financial Markets Overseas Lowers Mortgage Rates Here - 05/28/10 05:43 PM
Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 4.78 percent with an average 0.7 point for the week ending May 27, 2010, down from last week when it averaged 4.84 percent. Last year at this time, the 30-year FRM averaged 4.91 percent. The 30-year FRM has not been lower since the week ending December 3, 2009, when it averaged 4.71 percent.
The 15-year FRM this week averaged 4.21 percent with an average 0.7 point , down from last week when it averaged 4.24 percent. A year ago at … (3 comments)

freddie mac: Democrats Say Republicans Should Be Embarrassed With Their Record On Fannie and Freddie - 04/28/10 06:58 PM
In a long op-ed in Politico, the Alabama Republican talks at length about the supposed Democratic failure to reform the GSEs, but apparently President Bush’s “ownership society” doesn’t apply to Republicans taking responsibility for their own failures. The Republican documentation on Fannie and Freddie is clear and embarrassing: From 1995 to 2006 when the Republicans were in charge of Congress no bill to reform the GSEs passed Congress. Republicans only held one vote in the House to control the GSEs—and the bill was opposed by President Bush. Republicans in Congress did nothing when President Bush pushed Fannie and Freddie’s affordable housing … (1 comments)

 

Moe Bedard

Carlsbad, CA

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LoanSafe.org

Address: Carlsbad, Ca, 92008

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My name is Moe Bedard and I am Founder of LoanSafe.org and LoanWorkout.org. My mission is to educate consumers online about the loan and mortgage process in order to to help them make the best financial decisions. I am one of the few people on earth who place humans before profits.


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