Despite Low Mortgage Interest Rates, the Market Faces Difficulty
Both fixed and adjustable mortgage loan interest rates dropped at least 15 basis points this week, according to rate reports supplied by loans.org. During the week ending on Oct. 24, 2013, the 30-year...
View ArticleLow Rates Keep Borrowers Happy but Cause Concern for the Fed
Mortgage interest rates continued a two-week decline which created a positive stimulus for borrowers but conversely reduced any possibility for the Fed bond purchase program to decrease. Rate reports...
View ArticleFixed Rates Align with Improving GDP Reports
Fixed home loan interest rates increased while adjustable rates declined this week according to rate reports provided by loans.org. For the week ending Nov. 7, 2013, the 30-year fixed-rate mortgage...
View ArticleLoan Amounts and Down Payments Decrease While Rates Increase
Mortgage loan interest rates were impacted by several industry factors and continued to increase according to this week’s rate reports. Despite a general upwards trend, over the past few weeks all...
View ArticleUncertainty Remains in Housing Market Despite Stabilized Rates
Non-existent or minimal changes for mortgage interest rates created some stability in the housing market this week. Both fixed rates remained the same. For the week ending on Nov. 21, 2013, the 30-year...
View ArticleExisting Home Sales Decline While Interest Rates Nudge Upwards
Home loan interest rates continue their moderate changes seen last week according to rate reports supplied by loans.org. Although this week’s interest rates changed more than last week, when two out of...
View ArticleFixed Rates Surpass Adjustable Rates and Increase Rapidly
Fixed mortgage loan interest rates changed considerably this week while adjustable rates barely changed, according to rate reports provided by loans.org. For the week ending Dec. 5, 2013, the 30-year...
View ArticleMinimal Rate Changes Despite Proof of Housing Recovery
The upcoming holiday season brought minimal changes for mortgage interest rates despite statistical signs of a housing recovery. Mortgage interest rate reports provided by loans.org show very little...
View ArticleAdjustable Rates Fall Off Cliff This Week, Fixed Rates Hang On
Major interest rate shifts occurred this week for adjustable mortgages while fixed rates barely changed. Reports provided by loans.org found that for the week ending Dec. 19, 2013, the 30-year...
View ArticleCFPB Rules Reiterate Current and Future Lending Practices
New mortgage loan rules beginning on Jan. 10, 2014 could limit the current availability and cost of mortgage loans but experts state that the real impact is in the long-term. The new lending rules are...
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