mortgage rates: Housing and Mortgage Rates: Where do you think they are going in 2012?
- 01/04/12 02:04 AM
Housing and Mortgage Rates continue to dominate the headlines. As 2012 begins, mortgage rates are at record lows and there are plenty of experts that are weighing in on where they are going in 2012. The housing market finished strong and mortgage rates closed 2011 at some of the lowest points of all time ( Freddie Mac ). Many expect the trend in the 4th quarter of last year will continue in the first quarter of 2012 for housing and mortgage rates, while others expect things to radically change. Who do you believe? Here's some of the organizations that have … (0 comments)
mortgage rates: The Week Ahead for Mortgage Rates
- 12/12/11 05:04 AM
Summary of Last Week Mortgage Rates started the week (Monday thru Wednesday) at extremely low levels as fears over both Wall Street's uncertainty in the market and the future of the Eurozone. On Thursday and Friday, rates edged up slightly as as a majority of Euro participants reached an agreeement on budget planning. Mortgage Rates in Illinois ended the week hovering around 4% (4.06APR) with excellent credit (750+) and equity (20%) position. This Week This week we can explect more volatility for rates pending the results of the Federal Open Market Committee's Meeting Tuesday. This will be the last FOMC Meedting of the year and … (0 comments)
mortgage rates: How Do Mortgage Rates Move?
- 12/11/11 01:12 PM
There's a lot of mystery behind what moves mortgage rates, but I thought this video does a great job of explaining what causes mortgage rates to go up or down.
Click here for a short video on what causes Mortgage Rates to change (compliments of MMG)
Although mortgage rates have stayed at historical levels for quite some time, it is a good idea to arm yourself with the best information and what questions to ask your loan officer.
Housing and Mortgage Rates continue to dominate the headlines. As 2012 begins, mortgage rates are at record lows and there are plenty of experts that are weighing in on where they are going in 2012. The housing market finished strong and mortgage rates closed 2011 at some of the lowest points of all time ( Freddie Mac ).
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