Archive for 'Mortgage Rates & Info'

Monthly Mortgage Update: Rates Still Below 4%, New Construction Up

Monthly Mortgage Update: Rates Still Below 4%, New Construction Up

November sure has flown by and with Christmas drawing near it appears that the mortgage rates have stabilized somewhat.  For the month we didn’t see as much volatility from day to day as we have seen [...]

3 Red Flags When Applying for a Mortgage

3 Red Flags When Applying for a Mortgage

Daily Real Estate News | Monday, November 07, 2011 More lenders are scrutinizing mortgage applications since the financial crisis fallout, which has triggered fears of borrowers who will default or walk-away from their mortgage or mortgage fraud. Here [...]

Monthly Mortgage Update: FOMC Meetings, Interest Rates & Economic Growth

Monthly Mortgage Update: FOMC Meetings, Interest Rates & Economic Growth

October has come and gone and with the cold weather moving in the market volatility is heating up. We continue to see larger than usual swings in mortgage rates from week to week and there appears [...]

Monthly Mortgage Update: Rates Still Low, Changes to USDA & VA Loans

Monthly Mortgage Update: Rates Still Low, Changes to USDA & VA Loans

Mortgage rates still remain very low and will receive some additional help this month.  Starting Monday, October 3, 2011, the FED will begin to sell $400 billion of short term debt and buy treasury notes and [...]