Archive for Home Mortgage News
Home Mortgage Rates Fall Again
Home mortgage rates dropped to the lowest level on record for the fifth time in six weeks. With home loan rates this low it makes buying a home and mortgage refinancing more appealing as the housing affordability increases. Get approved for a home refinance can be challenging as refinance guidelines have been modified to reduce [...]
With Record Low Home Mortgage Rates Why Are Consumers Waiting
Home mortgage rates have not been this low in nearly fifty years, yet the volume for home loan applications has been declining over the last few months. Home prices are affordable again for thousands of families. Freddie Mac, said in a recent statement that “too many qualified borrowers are sitting on the sidelines because of [...]
Home Loan Rates Decline to Break Records 3rd Straight Week
The era of record low interest rates has still not come to an end. Home loan rates dropped to record lows for the third week in a row.
Home Refinancing Opportunities Fading?
2010 has been a great year for mortgage refinancing because the rates are at record lows. However, the writing is on the wall, Refinance now because home mortgage rates are going up soon. Most qualified borrowers have converted their home loan to a fixed rate mortgage, but there are quite a few homeowners that would like [...]
What Causes Home Loan Rates to Change?
Conventional, VA and FHA mortgage rates are fluctuating unless you lock into a fixed interest rate mortgage. When shopping for a home refinancing solution, it is important that you lock the rate at an optimal time. Most consumers believe that whenever the Federal Reserve changes their interest rates, their home loan rates also change. This [...]