Posted by R. Mak on December 31, 2009 ·
Before you think about refinancing your home, you must consider the extra cost involved with it, such as that of closing and also to make sure if it is valuable to refinance your mortgage.
Posted by R. Mak on December 14, 2009 ·
The US weekly average rate for a 30-year fixed mortgage has raised up from 4.62% to 4.67%.
Posted by R. Mak on December 10, 2009 ·
Home funding company Freddie Mac said on Thursday that in the past week U.S. fixed home loan rates were at above record lows, tracking bond yields higher following surprise improvement in November employment…
Posted by R. Mak on December 9, 2009 ·
There has been a slight increase in long term mortgage rates in this week’s Mortgage Applications Survey that has been released this morning by the Mortgage Bankers Association….
Posted by R. Mak on December 3, 2009 ·
There is a record drop in mortgage rates for fixed 30-year loans, among signs that the housing market has started emerging from the worst slump since the 1930s. The rate has become as low as 4.71% for the week ended today. This has been recorded…
Posted by R. Mak on December 1, 2009 ·
According to Zillow Inc. of Seattle, Wash, the rate for 30-year fixed mortgages has dropped down seven basis points last week to 4.62%, down from 4.69% the last week…
Posted by R. Mak on October 11, 2009 ·
Earlier this week a press release has been issued by the U.S. Treasury Department saying that under the Making Homes Affordable Program 500,000 mortgage loans have been…
Posted by R. Mak on August 18, 2009 ·
Over the past couple of months the housing data that has been released suggests that a housing recovery is near or it may be said that it is already underway. A “perfect storm” for a housing turn around has been created by the combination of low current mortgage rates along with historically high home affordability and…
Posted by R. Mak on August 9, 2009 ·
Since the beginning of the week current mortgage rates have stabilized. Friday’s unemployment rate have shown a surprising decline over May’s unemployment numbers due to which the mortgage rates were forced to rise a little bit but rates…
Posted by R. Mak on August 8, 2009 ·
Today mortgage rates jumped after the Bureau of Labor Statistics have said that the unemployment rate was fallen to 9.4% in July as compared to 9.5% in June, which has surprised most of the economists who have estimated that the rate would go as high as…