mortgages nc: Video: Happy Friday North Carolina! July 15, 2011 Mortgages - The week in review - 07/16/11 01:51 AM

Happy Friday North Carolina! This week has had some exciting news for people underwater on their mortgages and for investors wanting to pay cash for homes and then refinance the home without waiting. Mortgage rates ended the week lower as bad economic news drove investors to buy mortgage bonds. Great news if you are buying a home or refinancing. See you Monday!

When video starts click bottom right for 1080 HD video





Contact us for your mortgage needs. We fund VA, FHA, Conventional and Jumbo loans. North Carolina's best lender!


This Weeks … (0 comments)

mortgages nc: Current mortgage rate trends 4-14-11 Raleigh home loans - 04/14/11 01:34 PM
Mortgage rates have been improving lately due to pessimism about the US economy.  Those considering a refinance or a home purchase should take advantage of these low rates. Mortgage rates will rise in the near future when our economy continues to shoe signs of improvement.
Mortgage loans are sold as bonds.  When people feel pessimistic about the economy they buy "safer" investments, re: bonds.
Buying bonds causes mortgage rates to drop.  Selling bonds causes mortgage rates to rise.  The Fed has nothing to do with mortgage rates so when you see ads that say the Fed lowered interest rates they are … (0 comments)