By admin on June 4, 2011
The bad news about the housing market slump is well known. In fact, this is undoubtedly the most widely forecasted housing slump in the history of the world. Just a couple of years ago when the housing market was booming, the hot question was, “When will the housing bubble burst?” Well, the housing market bubble [...]
Posted in Business and Finance | Tagged afford, can, falling, house, how, i, interest, much, now, rates, with |
By admin on May 25, 2011
There was once upon a time when finishing your degree, settling down and getting married producing children along the way was as simple as one, two and three – or so I had once thought. The whole process is just as daunting, if not difficult, as it is to buy your own house. I have [...]
Posted in Business and Finance | Tagged buyers, compare, firsttime, for, how, mortgage, rates, to |
By admin on March 2, 2011
The world of mortgages is confusing at best. There are literally thousands of mortgage companies anxious to loan you money and hundreds of terms to learn. Where do you begin, and how on earth can you compare mortgages to find out what is best for you? To begin, it is most helpful to learn the [...]
Posted in Business and Finance | Tagged explained, interest, mortgage, rates |
By admin on February 12, 2011
Recent news is showing that the economy is taking a turn for the worse. And people who were worrying about their mortgages a few months ago are pulling their hair out from the stress of making payment. Many families are struggling to keep up with their mortgages, and are looking for assistance that doesn’t require [...]
Posted in Business and Finance | Tagged assistance, getting, mortgage, rates, with, your |
By admin on January 27, 2011
Mortgage rates experienced a historic drop this month. 30 Year rates fell from 5.97 to 5.53. This is the lowest rates have been since January 2008. But I think this understates how low mortgage rates are this week so I did a little research. Since 1974 rates have been lower than today’s rates only four [...]
Posted in Business and Finance | Tagged drop, experience, historic, mortgage, rates |
By admin on December 31, 2010
This week marks a new low for mortgage rates. Mortgage rates are at a 37 year low. Rates have not been this low since 1971. The federal government decreased interest rates for the seventh consecutive week. This is an all out attempt to bring home buyers into the market and take some inventory off the [...]
Posted in Business and Finance | Tagged all, at, low, mortgage, rates, time |
By admin on December 17, 2010
This marks the third week in a row that mortgage rates have moved in one direction or another by more than .4 points. This is highly unusual. For some perspective for the 12 weeks from March 20th to June 5 mortgage rates held steady between 5.85 and 6.09. At this point mortgage rates are highly [...]
Posted in Business and Finance | Tagged gone, have, haywire, mortgage, rates |