Currently viewing the category: "Mortgage Rates"

First Time Home Buyer Loans Less Expensive

On January 31, 2011 By

The most recent survey was released on January 27th.  The 30 Year Fixed was at 4.74% versus 4.98% one year ago.

The most common is [...]

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Loan Level Price Adjustments = Higher Loan Costs

On January 6, 2011 By

Starting April 1, 2011, loan-level pricing adjustments are increasing. Most conforming mortgage applicants will face higher loan costs.

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Loan Costs Increasing April 1, 2011

On January 6, 2011 By

Starting April 1, 2011, loan-level pricing adjustments are increasing. Most conforming mortgage applicants will face higher loan costs.

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The Reality of "Current Mortgage Rates"

On December 3, 2010 By

Mortgage rates are moving quicker than the news can accurately report them. This week’s Freddie Mac mortgage rate survey is an excellent example.

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Understatement : Freddie Mac Says Mortgage Rates Rose Last Week

On December 3, 2010 By

Mortgage rates are moving quicker than the news can accurately report them. This week’s Freddie Mac mortgage rate survey is an excellent example.

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Mortgage Rates Still Rising. Is This The End Of The Refi Boom?

On November 19, 2010 By

With the sudden rise in mortgage rates, we have to question whether the Refi Boom is ending.

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Today's Mortgage Rates v. April 2010

On November 5, 2010 By

This year has seen retrace historical lows a few times.  Since this rate rally began in November, are off almost a full 1%.

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Are Today's Mortgage Rates Predicting The Future?

On November 5, 2010 By

Mortgage rates have been falling since April, shedding more than 1 percentage point since the Refi Boom began creating interesting 30 Year v. 15 Year v. 5/1 ARM comparisons.

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Mortgage Rates, Rate Locks and Closing Dates

On September 14, 2010 By

In the home buying process, the timing of a mortgage rate lock has a direct impact on your total home ownership costs. On a $200,000 loan with a normal 30 year amortization, the difference of just 0.25% will mean roughly a $5,000 in total interest costs over 10 years.

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The Math Of Choosing A Great Closing Date

On September 14, 2010 By

Want a lower mortgage rate on your upcoming home buy? Think about moving up the closing date.

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