With mortgage rates are hovering near all-time lows, lots of Americans are taking advantage of refinance and home buying opportunities.
The downside of today’s unexpectedly-low rates, though, is that mortgage lenders are ill-equipped for the rush of new business.
As a result, the process of...
Posted by
admin on Mar 31, 2009 in
Investors |
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With Mortgage Rates at historic lows and a Plethora of REO and Bank Owned homes, now there is no better time to buy a Second...
Mortgage Rates improved by 1/8 today after the FNMA 30 YR 4.5% MBS posted .0625bp gain. More Obama action pushed the overall financial markets down today. REAL TIME Mortgage Rates
Our current recession has been thus far called ”housing-led” and was predicted to last several years. Last...
Mortgage Rates stabilized this week ending where they started. The FNMA 30 YR 4.5% posted a small .0937bp gain, which equated into zilch for Mortgage Rates. (See Weekly chart below) The FED continued the now invigorated MBS Purchase Program aptly known as the Agency Mortgage-Backed Securities Purchase...
