Currently viewing the tag: "mortgage rate"

"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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Loan-Level Pricing Adjustments (Revisited)

On December 16, 2010 By

Loan-level pricing adjustments (LLPA) are mandatory fees designed to better align the mortgage rate and fee with the loan characteristics.

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Planning Your Home Loan Approval

On November 10, 2010 By

While mortgage rates are at their lowest levels in recorded history, qualification requirements are at their highest levels in recent history.

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Great Week For Housing Data

On October 28, 2010 By

Why buy? Over the life of the loan, a 4.5% mortgage rate costs $43,000 than a 5% mortgage rate on a $400,000 loan.

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Fed Meeting Ends Today: Lock or Float Your Mortgage Rate?

On September 21, 2010 By

Mortgage rates, on the other hand, will likely change today. Perhaps dramatically. Home mortgage rates don’t tend to vary based on what the Fed does, but rather what the Fed says.

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Foreclosures Still Vary Greatly State-to-State

On August 12, 2010 By

Foreclosure filings rose 4 percent nationwide last month versus June, according to foreclosure-tracking firm RealtyTrac.com. For the 17th straight month, total filings topped 300,000. 6 states dominated activity levels.

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Home Supply Plummets

On May 28, 2010 By

At the current sales pace, the nation’s complete supply of new homes would be sold in just 5 month’s time. With mortgage rates exceptionally low, this could be the best time to buy.

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Quick Recap of the Fed Statement

On March 16, 2010 By

Today’s meeting left the unchanged at 0.000-0.250%.

Six straight statements with very optimistic statements and further reinforcements that the economy has moved out of the 2008-2009 recession.

Positive notes included that the U.S. [...]

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Jobs Report Will Move Rates Tomorrow

On February 4, 2010 By

A quick recap on the day.  saw their 401(k) shrink by 2.5% and saw dip lower buy almost .25% today.

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Mortgage pipeline

On September 23, 2008 By

A mortgage pipeline is the collection of loans that have been approved and locked in by the mortgage originator, but not yet funded. Mortgage loans are taken out of the pipeline if the borrower backs out, or if the loan funds. Upon funding, the loans are either sold on the secondary market, [...]

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