Mortgage-backed securities prices, which drive mortgage rates in the opposite direction, are up today, +7/32. As a result, pricing on 30 year fixed mortgages has improved this afternoon. In other…
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Wells Fargo Fixed Jumbo Mortgage Rate at 5.5
Wells Fargo updated their mortgage rates at 12:00 PM EST today. Today’s Wells Fargo 30 year fixed mortgage rates are at 4.875% for conventional 30-yr fixed mortgages, with an APR 5.065, for…
FHA Loans: Home Buyer Tax Credit Expires in 6 Weeks! (VIDEO)
Mar. 17, 2010 (FreeRateUpdate.com) – The IRS home-buyer tax credit of up to $8,000 expires in just 6 weeks. Before the tax credit was extended late last year, we saw a significant increase in home…
Current Mortgage Rates Available Below Freddie Mac FRE National Average
Mar. 16, 2010 (FreeRateUpdate.com) – According to Freddie Mac FRE the average 30-year fixed rate last week was 4.95%; however, our research of wholesale lenders’ rate sheets verified 4.75% was…
FHA Loan Rates Today : Today’s FHA Mortgage Rates Improved
Mar. 1, 2010 — (FreeRateUpdate.com) – FHA mortgage rates today are better than last week. Following several improvements in mortgage-backed securities prices, which led to several favorable…
Adjustable Mortgage Rates to Spike Eventually
SHEEPSHEAD BAY BROOKLYN, NY — Feb. 22, 2010 (FreeRateUpdate.com) – Last Thursday, in a surprise move, the Fed raised the discount point 0.25. Of course, markets overreacted. Anything involving an…
Today’s Mortgage Rates Associated with .07 to 1 Point Origination (at par) – FreeRateUpdate.com
SHEEPSHEAD BAY BROOKLYN, NY — Feb. 19 (FreeRateUpdate.com) – FreeRateUpdate.com research of wholesale lenders’ rate sheets shows 30 year fixed mortgage rates associated with .07 to 1 point in…
Lock Your Mortgage Rates Today. Current 30 Year Fixed Mortgage Rates on Edge.
SHEEPSHEAD BAY BROOKLYN, NY — Feb. 18 (FreeRateUpdate.com) – Lock your rates! After the Fed Minutes report came on yesterday we saw some big time deterioration in the mortgage rate market. MBS…
Conforming, FHA, Jumbo Mortgage Interest Rates (30 Year Fixed) Not Budging
SHEEPSHEAD BAY, NY — Feb. 16 (FreeRateUpdate.com) – Mortgage rates haven’t been doing a whole lot lately. Despite volatile stock markets, and volatile mortgage-backed securities markets, mortgage…
Today’s Mortgage Rates Unchanged from Mortgage Rates Monday Morning
SHEEPSHEAD BAY, NY — Feb. 12 (FreeRateUpdate.com – Usually I deliver these updates after midnight. Today let’s call it, “coffee after noon”. Doesn’t have much of a ring to it does it? Mortgage…