Mortgage Rates
Tue, 22 Jul 2008 07:00:07 -0600
by Mortgage Rates @ Tue, 22 Jul 2008 07:00:07 -0600
Rates on 30-year mortgages edged up this week to the highest level since March as investors worried about inflation threats. The company Freddie Mac reported Thursday that 30-year fixed-rate mortgages averaged 6.09 percent, compared with 6.08 percent... The mortgage loan itself is made by a bank, a savings and loan association, a mortgage company, a credit union, or any other lender. For it to become an FHA mortgage loan, the lender would have to be approved by the Federal Housing Administration....
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Sun, 20 Jul 2008 19:00:15 -0600
by Mortgage Rates @ Sun, 20 Jul 2008 19:00:15 -0600
Rates assume a $200,000 fixed-rate owner-occupant mortgage and include all points, fees and other transaction costs.These rates are an average of more than 40 mortgage issuers' annual percentage rates, as reported by the Honolulu Board of Realtors. For months now, you have been looking at houses and brochures and you have finally found it - the house that's just right. So now, you're feeling anxious to buy your new home, move in, and get settled. But this is not where your search ends. You still have one more important task to do and that is getting a home mortgage....
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Sun, 20 Jul 2008 07:00:11 -0600
by Mortgage Rates @ Sun, 20 Jul 2008 07:00:11 -0600
As opposed to bank officers, mortgage brokers are not employees of the lending companies they work for. Instead, they work independently as free lance agents who are on the look out for borrowers looking for a good mortgage....
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Sat, 19 Jul 2008 19:00:09 -0600
by Mortgage Rates @ Sat, 19 Jul 2008 19:00:09 -0600
CHICAGO (MarketWatch) -- Rates on fixed-rate mortgages barely budged this week due to reports of continued inflation, says Freddie Mac’s chief economist. The good thing about FHA mortgages is that almost anyone can get it. So if you have a satisfactory credit record, enough cash to close the loan and sufficient steady income to make monthly mortgage payments without difficulty, then you'll have no trouble getting approved for an FHA mortgage. As a rule of thumb, only people who will reside in the property are eligible for FHA-insured mortgages....
Blog tag: Mortgage Rates
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