Currently viewing the category: "Mortgage Rates"

Today's Mortgage Rates And Armchair Meteorology

On March 18, 2011 By

This week’s mortgage rates from Freddie Mac put the 30 Year Fixed at a national average of 4.76%, down from 4.88% the week prior.

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Today's Mortgage Rates

On March 16, 2011 By

Interest rate predictions this week were pretty simple: Expect wild, wild swings. We’re getting them.

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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 →

"What are Current Mortgage Rates?"

On March 11, 2011 By

“What are current mortgage rates?”

It’s probably one of the most common questions asked by home buyers and home owners.

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All-Time Higher For Cost of Living

On February 23, 2011 By

Since the beginning of November and the Fed’s QE2 policy announcement, mortgage rates have shot up 0.875%. To put it in perspective, that change in rates pushed down home buyer purchasing power by more than 10%.

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Cost of Living Reaches An All-Time High, Pressures Mortgage Rates Higher

On February 23, 2011 By

Inflation fears are harming home buyers. The Cost of Living has reached a record level, surpassing the former peak set in July 2008. Mortgage rates would be rising more right now if not for the Middle East unrest.

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Mortgage Rate Update for February

On February 17, 2011 By

We’ve retraced the highest mortgage rates since April 2010. According to Freddie Mac, last week saw the largest single week increase in more than a year. Last Thursday’s PMMS report showed rates higher by .24% and a national average of 5.05%.

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Mortgage Rates Return To April 2010 Levels

On February 11, 2011 By

As of this morning, mortgage rates are higher over 9 consecutive days, marking the longest mortgage rate losing streak in the last 6 years, at least.

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Comparing a Chicago Mortgage to an Atlanta Mortgage

On February 10, 2011 By

Just a fun comparison for this week’s PMMS results. We’ll call them Chicago mortgage and Atlanta mortgage to make this easy.

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Mortgage Rates Rise For The 7th Straight Day

On February 9, 2011 By

Mortgage rates are rising. Homeowners have lost 10% of their purchasing power since November.

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