Mortgage rates for a 30-year fixed rate mortgage have dropped again, for the 8th consecutive week, according to mortgage giant, Freddie Mac. Although the rates have dropped to 4.49% from 4.55% the week before, the rates have done very little to boost sales in the struggling real estate market.High u [Read More]

Rates on 30-year fixed rate mortgages rose slightly last week from 4.86% to 4.87%, according to mortgage giant, Freddie Mac.Although rates have remained below 5% for quite some time, it has done very little to stimulate the ailing real estate market. Potential homeowners have remained on the sidelin [Read More]

According to mortgage giant, Freddie Mac, mortgage rates declined for the first time in two months! The average rate on a 30 year fixed rate mortgage fell to 4.77% from 4.86% in a weekly comparison.Rates have continuously climbed upward since November of last year, when investors began shifting thei [Read More]

It is so confusing & imposible to predict what and how the market will turn in the year 2011. Hopes are the home sales continue to rise not prices. According to an article i read, the predictions on the rates is that they will stay low till at least the third quarter of the year wich will be ve [Read More]

This is a great time for buyers, Direct Lending Group is offering a low interest rate of 4.50 on mortgages. Do not wait till they go up.

For the second time in 3 months, mortgage rates saw a slight rise last week to 4.35%, according to Freddie Mac. Since the European Debt Crisis in the spring, mortgage rates have continued to decline as investors have been shifting their funds to safer US Treasury Bonds. As long-term treasury bonds a [Read More]

If you are looking to purchase a home, now is the time to do it. I wouldn’t put it off much longer. Mortgage rates went up slightly last week to 4.35%. That means they are off the decades low of 4.32% that was tracked in 1971 by Freddie Mac. Fears about the economy are starting to ease. I hav [Read More]

Mortgage giant, Freddie Mac announced this week that mortgage rates have hit an all time low for the 9th time in 10 weeks. Mortgage rates on 30 year fixed rate mortgages have continued to decline since the spring of this year. Although the rates have continued to fall, home sales don't seem to be mo [Read More]

If you're a veteran who served at least 90 days of active duty during a declared war, or over 181 days of peace time service, you are eligible for a VA loan to help purchase a home. Note that only active veterans or those honorably discharged qualify. First things first, go online to the Department [Read More]

According to mortgage giant, Freddie Mac, mortgage rates for a 30 year fixed rate mortgage fell to the lowest point so far this year. After economic concerns regarding the expiration of the FED program that was pumping 1.25 billion into mortgage backed securities keeping the rates at or around 5%, [Read More]