Archive for Published Articles
Will Home Loan Rates Rise in 2011?
The buzz around mortgage circles these days is whether or not the home loan rates will continue to rise in 2011. Many mortgage executives believe the dropping interest rates to be short-lived. According to the Lead Planet weekly mortgage lead report, loan applications increased as the rates decreased. The mortgage lead generation company publishes these [...]
Bad Credit Loans Default but Foreclosures Halt In 23 States
Most people would agree that both borrowers and lenders have played a role in the recent mortgage crisis. Banks blame brokers —- Borrowers blame banks and we have ourselves a foreclosure crisis. Clearly, bad credit lenders took too many risks for too many years. But, before we join the borrowers in blaming the banks, let’s [...]
Home Loan Rates Fall for 11th Straight Week
Home loan rates declined to a record for the 11th straight week for new lows. The low rates helped spark home refinance activity as American homeowners continue to seek lower monthly payments. The average rate for fixed 30-year mortgage rates dropped to 4.32 % in the week ended today from 4.36 %, Freddie Mac said [...]
When Is the Best Time for Home Mortgage Refinancing?
The new headlines around historic lows in home mortgage rates have many homeowners dreaming about lower monthly payments. Unlike a few years ago, home refinancing is feat to qualify for as loan guidelines have become increasingly more difficult. Just Thursday, Freddie Mac said that home loan rates hit record lows for the sixth time in [...]
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.