Mortgage Rates February 17, 2009

Today was a surprise day for Mortgage Backed Securities; many prognosticators thought for sure we would see MBS plummet and start pushing Mortgage Rates towards 6% , with the signing of Obama’s Economic Stimulus.  The MBS (FNMA 30 YR 4.5%) acted in contrarian nature and posted a whopping 50pb...

New Tax Credit for Homebuyers

Tax Credit for Homebuyers First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit.  Remember a tax credit is very different than a tax deduction – a tax credit is equivalent to...

How Does the Obama Stimulus Plan Help Me

Tax Credit for Homebuyers First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit.  Remember a tax credit is very different than a tax deduction – a tax credit is equivalent to...

Mortgage Rate Forecast Week of February 17, 2009

This week, the selling is expected to continue but hope for reversal to lower rates is possible.  It all depends on the news and it changes every day. As of 11 a.m. PST Mortgage Rates have improved by .125% * Tuesday: Will GM and Chrysler‘s viability plans be rejected? * Wednesday: Will the...

MyEquityPro.com Announces Launch Of Real Time Mortgage Rate Quotes For Consumers: See The Same Rates As The Lenders In Real Time

Myequitypro.com has developed an exciting option for consumers without the worry of personal information being divulged. Real time Mortgage Rates will allow consumers to take advantage of affordable rates while feeling completely confident with www.MyEquityPro.com. Seattle, WA (PRWEB) February 17, 2009...