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Recent Posts Tagged With 'mortgage rates'
Mortgage Rate, Lending Guidelines Round-Up - February 14, 2009
After dropping over 1 point over the last few months, mortgage rates are back up hovering just over 5 percent. Mortgage rates took a little dip last Tuesday after Tim Geithner's less-than-detailed/non-specific speech about the government's financial ...
Mortgage Rates Down...Again
Mortgage rates continued their downward trend over the last few weeks and are down an average of 1.2 points since November 1, 2008. The last time they were this low was in 2003, which was near 40 year lows. Though the graph above shows the average 30...
Mortgage Rate Update: 4 Year Lows, Cheaper for Buyers than Refi's
The 30-year fixed-rate mortgage rate averaged 5.47 percent with an average 0.7 point for the week ending December 11, down from 5.53 percent last week and 6.11 percent a year ago. The rate hasn't been lower since March 25, 2004, when it averaged 5.4 ...
Loudoun Mortgage Rate Round-Up - November 28, 2008
If you're a home buyer right now, you're loving life. Prices are down and mortgage rates have plummeted over the last few weeks. The national average is back under 6 percent - 5.91 percent with .13 in discount and origination points, to be exact. Loc...
Interest Rates Drop As Fast As They Rise
Just last week, interest rates took their biggest jump in 21 years. Today, they dropped almost as much as they rose last week - almost a 1/2 point. The national average for a 30-year fixed-rate mortgage (with no points) went from 6.74 percent to 6.32...
Mortgage Guidelines More Important Than Mortgage Rates
Many buyers worry about one thing when it comes to a mortgage - the rate - and they pay little attention to mortgage guidelines. But in these market conditions, mortgage rates should be no higher than number 2, if not number 3 on the "worry list" wit...
Mortgage Rate Round-Up - September 13, 2008
This was a great week for borrowers locking in their rate - rates plunged almost half a point. Rates are below 6 percent. Several loan officers I spoke with yesterday said that they saw rates as low as 5.75 percent with no points. Why did rates sudde...
Mortgage Rate Round-Up - August 23, 2008
Rates dipped down for the second straight week despite the not-so-good news about inflation. Wholesale prices jumped 1.2 percent in July, much more than expected (and at the fastest pace since 1981). Normally, you would expect interest rates to rise ...
