Currently viewing the tag: "30 Year Fixed Rate"

Selling Pressure Dents Mortgage Rates

On July 30, 2009 By

Chicago Mortgage Rates Up .20%

Context is important. Yesterday’s rates moved about 20 basis points. That means that someone who wanted to buy their rate down to 4.875% would have about .20% more fee. On a $200,000, that’s an additional $400 in cost to purchase that lower rate.

While not great news, this week could [...]

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Mortgage Rate Volatility Continues

On July 27, 2009 By

Expect mortgage rates to be volatile this week.  As a whole, rates improved slightly last week by having a great Monday and Tuesday, an awful Wednesday and Thursday, and then had a typical quiet Friday in July.

Keep an eye on the daily updates as this will likely be a crazy [...]

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Mortgage Rates – Tuesday, July 14, 2009

On July 14, 2009 By

Mortgage rates jumped a bit yesterday and are fighting a war on two fronts right now–one is the natural profit-taking by traders after such a prolonged positive run, the other is a landslide of positive news from earnings season.

30 Year Fixed Rate Points APR 4.875% 1.11% 5.032% 5.000% 0.77% 5.129% 5.125% 0.44% 5.226% [...]

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