Tuesday, February 7th, 2012
You might never get the lowest mortgage interest rate of all time, but with a little knowledge, timing and luck, you can lock in the lowest rate available while you're shopping.Mortgage rates fluctuate daily, making it hard to pinpoint the perfect moment to lock. To simplify the mortgage rate-lock decision, ...
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Tuesday, February 7th, 2012
The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ...
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Tuesday, February 7th, 2012
WASHINGTON - The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed. Mortgage buyer Freddie Mac said Thursday that the rate on ...
Posted in Mortgage Rates | No Comments »
Sunday, February 5th, 2012
HSH.com releases its latest Weekly Mortgage Rate Radar showing a decline in mortgage rates from the previous week. The Weekly Mortgage Rate Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 ...
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Saturday, February 4th, 2012
The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 3.72 percent, down 10 basis points from 3.82 percent at this same time last week.On January 17, the 30-year fixed mortgage rate dropped to 3.69 percent"the lowest rate reported since Zillow Mortgage Marketplace launched in April 2008.The 30-year fixed ...
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Friday, February 3rd, 2012
WASHINGTON – With economic growth below expectations, mortgage rates hit record lows in the week ending Feb. 2, as the average rate on the 30-year fixed-rate mortgage fell to 3.87% from 3.98% in the prior week, Freddie Mac said Thursday in its weekly report on mortgage rates. The ...
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Friday, February 3rd, 2012
You might never get the lowest mortgage interest rate of all time, but with a little knowledge, timing and luck, you can lock in the lowest rate available while you're shopping. Mortgage rates fluctuate daily, making it hard to pinpoint the perfect moment to lock. To simplify the ...
Posted in Mortgage Rates | No Comments »
Tuesday, January 31st, 2012
Document Preparedness Is Your First Step Not having the required documents when you petition your lender for loan modifications will slow the process in a way that is not advantageous. Chances are you are not going to have all the documents you need because of the individual nature or your ...
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Tuesday, January 31st, 2012
Pre-Approval Basics When people go into a bank or a mortgage broker looking to achieve a pre-approval letter to purchase a home, they will be subject to some intense scrutiny. Basically, the lender will ask to look not only at your credit report, but also all of your financial and ...
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Monday, January 30th, 2012
Historically low interest rates coupled with a strengthening economy are getting the new year off to a fast start, stirring hopes that the Bay Area's dormant housing and mortgage markets may finally come to life in 2012.After hovering around 4 percent since September, rates reached an "all-time record" low of ...
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