Posts by: Admin

30 Year v. 15 Year – Today’s Rates

On September 1, 2011 By

’s Weekly Primary Mortgage Market Survey () was released this morning. 

As we were talking about last week, we have an unprecedented spread between the 30 Year and 15 Year mortgages.  In the past week, the 30 [...]

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Mortgage rates are up. And down.

On August 25, 2011 By


’s survey for this week hit and the results are interesting. 

After finding 50-year lows last week, mortgage rates ticked up .07% to 4.22% this week for the 30-year.  

The 15-year saw [...]

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First Time Home Buyer Rates Dropping

On March 11, 2011 By

It’s been a great few days for buyers in terms of .

On the most common choice of loan for is the 30 year fixed.  Continue Reading →

Home Affordability Peaked Last Quarter; Purchasing Power Sinks 10%

On March 8, 2011 By

Home affordability reached an all-time high in 2010′s last quarter. Unfortunately for home buyers, it’s been a different story since, however.

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Military Personnel Can Still Claim The $8,000 Homebuyer Tax Credit

On March 7, 2011 By

For certain members of the military, and for certain federal employees, there’s just 2 months remaining to get use the federal home buyer tax credit.

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FHA : Monthly Mortgage Insurance Premiums To Rise April 18, 2011

On March 4, 2011 By

Effective for all FHA case numbers assigned on, or after, April 18, 2011, annual mortgage insurance premiums (MIP) will increase 25 basis points.

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Make A Mortgage Rate Plan BEFORE Friday’s Jobs Report

On March 3, 2011 By

Mortgage rates could move higher beginning tomorrow morning. The Bureau of Labor Statistics releases its February jobs report at 8:30 AM ET.

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Ignore The Case-Shiller Index; Focus On The Future Instead

On March 2, 2011 By

December’s Case-Shiller Index showed major devaluations nationwide. As compared to December 2009, on a year-over-year basis, home values fell in 18 of the Case Shiller Index’s 20 tracked markets, and the U.S. National Index dropped 4 percent overall. The retreat puts December’s home values at similar levels as compared to early-2003.

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Pending Home Sales Drop For Second Straight Month

On March 1, 2011 By

After a strong run to close out 2010, the market for home resales softened a bit in January.

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What’s Ahead For Mortgage Rates This Week : February 28, 2011

On February 28, 2011 By

Mortgage rates dropped last week, but, this week, there appears to be more reasons for rates to rise than fall. Plan accordingly.

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