Tag Archives: interest rates

Mortgage Interest Rates | Common-sense Finding A Home Loan Methods – Obtaining The …

If a 20% down payment is out of your league, do a number of shopping around. Different banks will have distinct offers for you to look into. Terms and rates will differ at each, some will give a lower downpayment, nevertheless a slightly further interest rate. Check out the greatest mix for your existing scenario. Pay down your current debt and stay away from gaining new debt while going by way of    .. more …

Mortgage Interest Rates | Mortgage Interest Rates 101 – Article Dashboard

Market ConditionsWhen the Federal Reserve Board raises or lowers rates, there is usually an impact on the rate you will get for your fixed rate home loan, although it’s not as direct as it may seem. The Federal Reserve adjusts federal funds rate, which is the rate at which banks lend to each other. When federal funds rate decrease, we spend more, which can actually increase inflation. Mortgage    .. more …

Mortgage Interest Rates | The 30 Year Loan Vs The 15 Year Loan – Article Dashboard

First let’s current mortgage interest rates. 30 Year Fixed Loans are at 5.85. What does this mean as far as your mortgage payment? People frequently assume that a mortgage payment on a 15 Year Loan would be twice as much as the mortgage payment on a 30 Year Loan, but this is not the case. Using a Mortgage Calculator we can determine the payments on a 200k house. Mortgage Payment on 200k House30    .. more …

Mortgage Interest Rates | Mortgage Loan Interest And Tax Savings – Article Dashboard

Step 1: Check the current mortgage interest rates. Just giving a couple of phone calls to lenders or a quick search in the Internet can do this. You need to get your rates on conventional fixed rate loans. Step2: Meet a reputed local lender and let him assess how much loan you can actually qualify for. Usually he will calculate your income to debt ratio, do a quick credit score and will analyze    .. more …

Mortgage Interest Rates | Will Interest Rates Rise? – Article Dashboard

DOES IT MAKE SENSE THAT JAPANESE INTEREST RATES HAVE HIT HISTORICAL LOWS? If the world’s third largest economy verges on the edge of bankruptcy, why would Japanese Government Bond (JGB) yields remain at the all time low of 1.215%? Let’s learn a lesson here. If banks can borrow at 0%, they will borrow at 0% and purchase treasury bonds at 1 to 3% yields. All day. Any day. The artificial demand    .. more …

Mortgage Interest Rates | What Does Low Mortgage Interest Rates Means To You

Mortgage rates sank to their lowest level recently. The averages for 30-year fixed rate mortgages, 15-year and five-year mortgages hit their lows. So what does hitting the lowest mortgage rate mean? It simply means cheap mortgage for those who are planning to borrow money through mortgage. But what about those with existing mortgage, can they enjoy these cheap interest rates? Most likely, many    .. more …

Mortgage Interest Rates | What Does Low Mortgage Interest Rates Mean To You?

Mortgage rates sank to their lowest level recently. The averages for 30-year fixed rate mortgages, 15-year and five-year mortgages hit their lows.So what does hitting the lowest rate mean? It simply means cheap loans for those who are planning to borrow money through a home loan. But what about those with existing mortgage, can they enjoy these cheap interest rates? Most likely, many mortgagor are    .. more …

New Home Sales | 2011 Economic Forecast – Part 2: The United States (US)

2010 is finally history. The economic recovery, which officially began in 2009, was scarcely evident as the US economy muddled through 2010. It seemed that for every piece of good news, like the strong end to the 2010 Christmas shopping season, was countered by news of a setback, such as unemployment rates that unexpectedly returned to nearly 10% during the same period.The government’s stimulus    .. more …

Mortgage Refinance Interest Rates | Home Refinancing Rates – When Is It Worth It To Refi?

When interest rates were two points below your current mortgage rate, it was considered a good rule of thumb to refinance. But with today’s low closing costs, a difference of one percent can save you money on your interest costs. Even with low fees, it only worth it to refinance when you can be sure you can recoup the mortgage costs.Figuring Up CostsRefinancing is simply paying off one loan and    .. more …

Mortgage Interest Rates | Interest Rate Forecast – Is Inflation Right Around The Corner?

In March of 2009, I wrote an article predicting where mortgage rates were heading. The name of this article is “Mortgage Rate Predictions-What the Charts Are Telling Us.” At the time I wrote this article, interest rates were 6 to 6.5%. My article got a lot of very bad reviews because many readers thought I was off my rocker for predicting mortgage interest rates would hit 4%. Actually, there were    .. more …