This chart shows the change in weekly interest rates from January of 2008 forward based on the Freddie Mac Primary Mortgage Market Survey of approximately 125 lenders. Freddie Mac’s survey is viewed as the best indicator of interest rate trends.
· Interest Rates down to 4.71% from 4.78% last week.
· Refinance […]Continue Reading →
We’re being told that the Federal Reserve (and it’s infinite wisdom) is confident in the economy and is going to end a $600 billion program to support it. The next move might be to figure out how to stem the tide of inflation.
The Fed has been buying governement bonds to help keep interest rates […]Continue Reading →
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Get up to $417,000 through your VA home loan to make
your dream of home ownership a reality. If you already own a home, refinance now and put the value of your home to work for you.
Lower Monthly Payments
Lock in a Low, Fixed Interest Rate
Pay-off High-Interest […]
Good credit and continued income stream? It could be your year.Continue Reading →
Interest rates are going up. This could be temporary, but it probably isn’t. Be prepared for interest rates to rise quickly, then level off and even get a little better. Each bump will probably leave us with a little higher interest rate.Continue Reading →
Freddie Mac mandates change to affect foreclosure process
The Federal Housing Finance Agency (FHFA) announced that FNMA and FreddieMac procedures for handling past due mortgages line up with one another.
Per an article in DSNews.com, the new servicing requirements address solicitation of delinquent borrowers and evaluation of all borrowers for each of the alternatives to foreclosure that Freddie Mac offers.
New borrower communications […]Continue Reading →