Home Mortgage Rate Update

May 5, 2011 by · Leave a Comment 

Bin Laden’s Death and European Debt Crisis = Good News for Mortgage Rates May 5, 2011 One factor that may contribute to keeping rates low for now is the fear of potential retaliation from terrorist groups after the death of Osama bin Laden. The United States kept its official threat level unchanged after the al-Qaida [...]

Mortgage Rates Down 5th Week In Row

Mortgage Rates Down 5th Week In Row

October 2, 2009 by · Leave a Comment 

Here are the National Rate survey Results (10/01/2009) 30 year Conventional Loan: 5.25% w/ average points 0.31 15 year Conventional Loan: 4.64% w/ average points 0.31 30 year FHA Loan: 5.24% w/ average points 0.09 5 year Adjustable Rate Mortgage: 4.69% w/ average points 0.31 Will rates rise or remain relatively unchanged? Industry experts give [...]