Mortgage Rates and Current Mortgage Rates

Current mortgage rates are at an all-time low providing homebuyers many loan options throughout the buyer friendly housing market. Present mortgage rates are very appealing to consumers looking to purchase their first home, move up the ladder to an upscale house, or refinance the present home. Current mortgage rates offered through many mortgage loan companies [...]

Mortgage Rates Affect You

To some, the interest rate is a rather meaningless number that seems to change on an almost daily basis. However, if you are applying for a credit card, buying a new car or applying for a mortgage, this number can significantly affect how much you are paying every month and over the term, or length [...]

Mortgage Rates Drop to New Lows

Mortgage Rates fell again this week. This is the ninth week in a row were rates have fallen. Last week mortgage rates were already at 50 year lows. The 30 Year mortgage rate fell from 5.19 to 5.14. This is not a huge fall. The significant point this week is that they basically stayed down [...]

Mortgage Rates – Finding Online Mortgage Quotes

Looking for Arizona mortgages online can prove beneficial even for people who do not regularly use the Internet. The Internet puts at your fingertips a multitude of mortgage resources which might not otherwise be readily available. Online, a homeowner can quickly find out the prices for other homes in the neighborhood that have recently sold. [...]

Daily Mortgage Rates Continue to Show Volatility

Daily mortgage rates have been quite extreme over the last two or three weeks. There was actually ONE day in which mortgage rates moved three quarters of a percent in one day. This type of move does not happen often and could spell doom for the overall housing market. Making interest rate predictions in the [...]

How Are Mortgage Rates Determined?

How mortgage loan rates are determined and what causes them to move is an absolute mystery to most folks – and those who think they know are usually wrong. As a former mortgage banker I can tell you that a lot of people in the mortgage industry can’t even give you an accurate answer to [...]