|
| |
home loans: 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)
|
home loans: 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)
|
home loans: FHA loan limit is going to be raised to 417k... - 10/09/08 10:14 AM
10/02/2008 - "This morning, FHA Commissioner Brian Montgomery announced that the new HECM nationwide loan limit (maximum claim amount) will be $417,000. The target effective date is November 1"This is a target date right now, not a set deadline. We still expect FHA to increase the "floor" on the origination fee from $2,000 to $2,500. A mortgagee letter will be published shortly that provides additional details.There was some debate within HUD to consider area limits at 115% of area median home value, with a floor of $417,000 and a cap of $625,500. Ultimately, the interpretation was determined that the new legislation … (1 comments)
|
home loans: Why rates are more than likely going to rise in the coming months and why the current trend will continue for at least 5 years... - 07/23/08 10:14 AM
The reason I am posting this article is because it gives good insight into why rates are going to go higher and what really effect an interest rate. Pay close attention to how the baks set there rate and what it is based off of.(i.e. 10 yr bond sales) I know there is not one indicator for rates but there will be a trend and the 10 yr makes up a big part of the interest rate trend...
Mortgage Rates Near a Year High
By RUTH SIMON and JAMES R. HAGERTYJuly 23, 2008; Page C14
Home-mortgage rates are nearing their highest levels … (4 comments)
|
|
|
|
|
|
Nathan Goodman
Bozeman,
MT
More about me…
Guild Mortgage Company
Address: 1925 N. 22nd Ave. Ste. 103, Bozeman, MT, 59715
Office Phone: (406) 522-8800
Cell Phone: (406) 580-0149
Email Me
 Links
Archives
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)