Conforming mortgage rates across California rose slightly according to the weekly Freddie Mac Primary Mortgage Market Survey. Continue reading
What Mortgage Rates Are Doing This Week : April 23, 2012
Reply
Tag Archives: lower interest rate
What Mortgage Rates Are Doing This Week : April 9, 2012
Once again, volatility ruled the bond pits. Continue reading
Mortgage Rates Get Worse Today in Reaction to the Federal Reserve Statement (March 13, 2012)
For the fourth consecutive month, the Fed Funds Rate vote was nearly unanimous. Just one FOMC member dissented in the 9-1 vote.
The Fed Funds Rate has been near zero percent since December 2008. It is expected to remain near-zero through 2014, at least. Continue reading
Boost Your Credit Score For Better Mortgage Rates
Are you in the process of buying a home or refinancing your current mortgage? Are you getting an FHA loan, or a Conventional loan? What is your credit score? Before a loan officer quotes a rate, these are the questions they will ask.
Obama’s Plan to Help Responsible Homeowners
- Click on Picture to watch the President’s speech.
By now, I am sure you have all heard about the President’s latest directive this week to help troubled homeowners refinance their mortgages, even if their loans are far higher than the value of their homes.
The bigger question should be – Will the big banks adopt the presidents plan? Polls show a majority of Americans are in favor of his plan but we know that means nothing unless the banks and congress make it so. Continue reading