Currently viewing the tag: "Freddie Mac"

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 →

Interest Rate Predictions | Week of March 7, 2011

On March 7, 2011 By

After brutal losses on Wednesday and Thursday, mortgage rates rallied back on Friday to close the week virtually unchanged.

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30 Year Fixed v. 5/1 ARM

On February 7, 2011 By

The gap between the 30 Year Fixed and the continues to widen.  In the most recent survey, it shows that we’re now a full 1.12% apart on the starting rates.  The fees are [...]

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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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Interest Rate Predictions | Week of December 27, 2010

On December 28, 2010 By

Mortgage rates moved higher again last week in a volatile, holiday-shortened trading week. Although the Freddie Mac report said that rates dipped 0.2% from the week prior, their data misses the activity from Thursday and overweights the rates from Monday and Tuesday.

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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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Interest Rate Predictions: Week of October 18, 2010

On October 18, 2010 By

Mortgage rates moved higher last week in volatile trading.

In spite of a rough end to the week, Freddie Mac’s survey (which takes data from earlier in the week) still managed to hit all-time lows for the third week in a row. The benchmark 30-year fixed rate mortgage is now down 1.02% since April 2010.

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2011 Conforming Loan Limits: Same as 2010

On October 6, 2010 By

In 2011, for the 6th consecutive year, the government is fixing $417,000 as the country’s conforming mortgage loan limit.

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Chicago v. San Diego: Mortgage Rate Showdown

On August 20, 2010 By

We’re going to have some fun today. It’s a San Diego v. Chicago home mortgage throwdown and we’re going to evaluate who is getting a better deal on these lowest mortgage rates ever.

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Perfect Timing On Making Home Affordable

On July 26, 2010 By

Mortgage rates hit their lowest levels in recorded history. Perfect timing as the Home Affordable Refinance Program is becoming increasingly available.

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