Category Archives: Mortgage Rates

Plan To Sell Within 5 Years? Consider An Adjustable-Rate Mortgage.

The interest rate gap between fixed-rate mortgages and adjustable-rate mortgages is growing. It peaked 2 weeks ago, but remains huge at 1.16 percentage points. Continue reading

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What’s Ahead For Mortgage Rates This Week : March 28, 2011

Mortgage markets worsened last week as nuclear meltdown concerns eased across Japan, and the war within Libya moved closer to a potential finish. Continue reading

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15-Year Fixed Rate Mortgages Look Cheap Compared To Comparable 30-Year Fixeds

If you’ve ever explored the idea of using a 15-year fixed rate mortgage for your home, the math is in your favor today. Talk to your loan officer before rates start rising. Continue reading

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What’s Ahead For Mortgage Rates This Week : March 21, 2011

Last week marked the 5th straight week through which mortgage rates improved. It’s the longest such streak since August 2010 and, this week, rates may run lower again. You may not want to gamble on it, though. Continue reading

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Mortgage Rates Return To April 2010 Levels

As of this morning, mortgage rates are higher over 9 consecutive days, marking the longest mortgage rate losing streak in the last 6 years, at least. Continue reading

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Loan Costs Increasing April 1, 2011

Starting April 1, 2011, loan-level pricing adjustments are increasing. Most conforming mortgage applicants will face higher loan costs. Continue reading

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Understatement : Freddie Mac Says Mortgage Rates Rose Last Week

Mortgage rates are moving quicker than the news can accurately report them. This week’s Freddie Mac mortgage rate survey is an excellent example. Continue reading

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Mortgage Rates Still Rising. Is This The End Of The Refi Boom?

With the sudden rise in mortgage rates, we have to question whether the Refi Boom is ending. Continue reading

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Time To Refinance? Mortgage Rates Down 1.00 Percent Since April.

The rate-and-fee combination you’d get in your home state is different from the rate-and-fee combination you’d get if you lived somewhere else. In the West, rates are low and fees are high; in the Southeast, it’s the opposite. Continue reading

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The Math Of Choosing A Great Closing Date

Want a lower mortgage rate on your upcoming home buy? Think about moving up the closing date.

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