Documents tagged 'Rate Mortgage'
Published: 04/11/2009
An all too familiar site continues on courthouse steps across the state of Virginia as homes in foreclosure continue to go on the auction block. Earlier this month it was reported that foreclosure filings in Virginia have increased more then 300 percent this past July over the same time period of...
Published: 27/10/2009
The 30 year rate rose again this week rising from 4.92 to 5.00. Now in the last two weeks 30 year mortgage rates have risen from 4.87 to 5.00. Most of the other major mortgage products rose as well. The 15 year rate rose from 4.37 to 4.43. Both the 5 year arm rising from 4.38 to 4.40 and the...
Published: 25/10/2009
After falling for the last 6 weeks mortgage rates started to rise this week. The 30 year rate rose from 4.87 to 4.92. The 15 year mortgage rose from 4.33 to 4.37. Both arms rose as well with the 5 year arm rising from 4.35 to 4.38 and the 1 year arm rising from 4.53 to 4.60. Below are...
Published: 25/10/2009
The length of mortgage terms varies widely - from six months right up to 25 years. As a rule of thumb, the shorter the term, the lower the interest rate the longer the term, the higher the rate.
While four or five year mortgages are what most home buyers typically choose, you may consider a...
Published: 07/10/2009
Many people have the dream of owning their own home and they will do just about anything in order to make sure that the dream becomes a reality. You want to make sure that you are getting the right mortgage for your personal situation though. Most mortgage companies, including West Chester Pa...
Published: 07/10/2009
When it comes to borrowing money, banking institutions will have set criteria for mortgages and profiles of individuals that they will lend the money to. Many full-service banks will provide complete financing, but they don't necessarily tell you everything. So you may have to do some of the...
Published: 06/10/2009
Mortgage Rates Fell yet again this week. The 30 year fell from 5.04 to 4.94. This marks the 5th week in a row where mortgage rates have either fallen or held steady. For the most part rates have been slowly falling. In fact this week accounts for half of the total fall in the last five weeks....
Published: 30/09/2009
Mortgage rates remained steady this week. The 30 year again was at 5.04 which is a low for the summer. The other mortgage products remained relatively stable this week except for the 1 year arm which fell from 4.58 to 4.52. Below are rates for the last few weeks. As we can see overall for...
Published: 29/09/2009
Mortgage rates have now dropped for 3 weeks in a row. We are not seeing a lot of movement. 30 year rates have only dropped from 5.14 to 5.04 in the last 3 weeks. What is interesting is that rates are dropping at all. Most of the news have focused on how inflation is pending for the US because...
Published: 24/09/2009
Zillow Mortgage Marketplace which compiles data on mortgage rates announced that mortgage rates are down. Standard & Poor revealed that home prices are on the upswing for the second quarter in a row. So what does this mean for you?
Most homeowners don't need to concern themselves with minor...