Let’s Talk Mortgage Interest Rates

March 28, 2011 by Monica McNamara · Leave a Comment 

The latest mortgage information shows that interest rates were up slightly this past week.  Still very affordable rates.  They remain at near historic lows.  Here’s what’s driving our rates as shared with us by Paul Soule, Senior Mortgage Advisor with PHH Home Loans in Ocean City, Maryland. March 24, 2011 Inflation Concerns Hurts Bond Demand [...]

Where Are These Interest Rates Going – Ask The Experts

October 31, 2009 by Monica McNamara · Leave a Comment 

Mortgage Rates Seen Below 6% Through 2010 Even as mortgage rates remain near record lows, the Mortgage Bankers Association believes that the looming expiration of a key Federal Reserve program may increase home loan costs next year. Still, the MBA expects rates to remain extremely attractive throughout 2010, helping to juice home sales and insert [...]