Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 04.04.2009.
Tag: Interest Rates
Today: Fed announces $750 Billion to purchase Freddie & Fannie MBS.
Opinion: Today the Fed announced a significant plan to purchase an additional $750 Billion in mortgage backed securities from agencies Freddie Mac and Fannie Mae. The proposal is hopeful in that it will stimulate the housing market and refinance business by producing exceptional mortgage rates lower than where they are today. Will this impact the…
Poll: 4.5% Interest Rates for New Purchases:
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 12.20.2008.
30 yr fixed around 5%
Our resources tell us phones are ringing off the hook. I’m hearing rates for purchases and refi’s are anywhere from 5.25% to 5.125% at par. Earlier this year, I sent out an APB for people who are waiting for super rates. Here they are again. Let me know off-line if you would like a reference…
Interest Rate Watch APB
Interest rates have fallen into the 5.5% 30 yr fixed range. This is quite a sweet spot for those who are considering refinancing and purchasing. At the beginning of this year, when rates were around 5% for a 30 yr fixed, many people took advantage of the opportunity. Please contact your local loan officer. Our…