Real estate blog entries tagged with current rate by Nathan Goodman (Guild Mortgage Company)

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Home : Blogs : Nathan Goodman : Nathan Goodman's Blog : Tag "current rate"

current rate: Rate future...scary! - 01/13/09 04:55 PM

Rates are great but not much purchase action mostly refi's. After the refi boom is done what is next...
Just my thoughts here...
The gov't can't keep buying bonds and paper, they run FNMA and FMAC so not only are they buying the paper but they are guaranteeing it.
It seems like they are burning the candle at both ends and the one who will get burnt is you and I.
At some point they will have to turn over control back to the private market and when they do this do you really think the investors will be ok making … (2 comments)

current rate: Historical Chart of 30 yr fixed and Prime Rate going back to 1963 - For all those who think rates are not going up, think again... - 10/29/08 10:16 AM

This chart shows why rates are going to go up and possible where they are headed. If rates are cyclical then this chart should provide some clarity as to where rates are head in the short term. The one thing this chart doesn't reflect is that I believe that 30yr rates will start to act on there own away from the prime rate. In the future the 30 yr rate will not pair itself with the prime rate. This is due to factors effecting 30 yr rates that do not have a sever and direct effect on the prime rate. There … (4 comments)

current rate: Rates are going up and no stop in sight... - 07/18/08 12:36 PM

The current 30 year Fixed is at 6.75% and we do not see it staying there very long... We are expecting a mid day rate change up... Unfortunatly the system can no longer keep rates down to keep volume up. With the the credit climate so volitale now would be a great time to urge you borrowers to lock in there rate or get going on a buy/sell because in the coming months rates are going to go up alot. My personal estimate is that by November rates will be around 7.5% Have a great weekend and be sure to have … (4 comments)

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Nathan Goodman

Bozeman, MT

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Guild Mortgage Company

Address: 1925 N. 22nd Ave. Ste. 103, Bozeman, MT, 59715

Office Phone: (406) 522-8800

Cell Phone: (406) 580-0149

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