In case you are wondering, FHA has still not put their foot down on the decision, and as of today, 5/18/2010, you still get 6%. My last post on this talked about some of the other changes that were … [Read more...]
The Fed Buys Treasuries to Ripen Mortgage Back Securities…Mortgage Rates Better
Lets all get on the same page first. Why does U.S. mortgage interest rates benefit from the Fed buying up Treasuries? Lets think first before I move on, the common law of supply and demand. So the … [Read more...]
Interest Rates Are Not Looking Good
Hoping for better rates so you can lock down on a rate soon? Patience may bring fruition, or "the early bird gets the worm" and you missed the worm. Moving.com reported today on their website about … [Read more...]
How to find the best interest rate for your refinance watching the market?
At this point, making judgment to forecast what the market will deliver in reference to the best time to lock your interest rate has been a coin flip. This week and last week haven't necessarily … [Read more...]
Home Investor Group/Club/Networking
During the past couple years as loan programs for investor loans began to diminish, numerous investor clients have called a halt to the hustle and bustle of buying new investment homes and cashing out … [Read more...]
Best Interest Rates for FHA, Conventional, and VA
WOW! If there was ever anything that I thought could help the buyers market pick up, I would think it would be super low interest rates. The bond market staggers after stocks throw a "straight left" … [Read more...]
