By admin on May 2, 2010
For the second week in a row 30 year mortgage rates held steady at 6.52. 15 year mortgages last week moved from 6.07 to 6.1. The week they returned to 6.07. So basically the fixed rates are holding steady. 5 Year Arms fell from 6.05 to 6.02 and 1 Year Arms [...]
Posted in General | Tagged again, arms, down, fixed, hold, mortgages, nudge, rate, steady, while
By admin on January 27, 2010
Mortgage interest rates moved down again this week. This marks the fifth week in a row where 30 Year mortgage rates have either fallen or held steady. This is of course good news for people looking to buy a house. This is also good news for the real estate market. A [...]
Posted in General | Tagged again, but, down, high, interest, mortgage, move, rates, relatively, still
By admin on January 14, 2010
Mortgage interest rates moved down slightly this week. This was a good sign since it was not preceded by any rate cuts from the FED. The 30 year mortgage rate fell from 6.52 to 6.47 and the 15 year mortgage rate fell from 6.07 to 6.00. For arms the 5 year rate [...]
Posted in General | Tagged and, down, fannie, freddie, impending, interest, mac, mae, mortgage, move, of, rates, slightly, takeover, the
By admin on January 10, 2010
Owner builder construction loans, like the rest of the mortgage industry, have had to tighten their belts to survive in today’s lending climate. For borrowers who wish to build their own homes, this translates into tougher guidelines to secure financing. However, there are still four creative ways that an owner builder has available to close [...]
Posted in General | Tagged a, an, at, builder, closing, creative, down, five, loan, owner, payment, secure, to, ways, without
By admin on December 27, 2009
Many credit cardholders who have racked up tremendous debt become lost concerning the ways to eliminate this financially crippling burden. Yet, the truth is that the methods for eliminating this form of debt are not that difficult to implement if you take the time to learn what they are. Obviously, paying down that [...]
Posted in General | Tagged card, credit, debt, down, paying, reduction, your
By admin on November 10, 2009
Many people find themselves uncertain whether it is a wise course to add money to their savings accounts or to standing investments while trying to pay off their outstanding debts. The essence of the question is really about whether this makes any sense. The answer is sometimes far from simple and requires an examination [...]
Posted in General | Tagged better, building, debt, down, is, or, paying, savings, which, your