Author Archive

FHA Mortgage Rates Holding Steady – FHA 30-Year Fixed Rate Under 5

Ed Ferrara | November 17, 2009 | 0 Comments

Following reports of FHA not meeting the government requirement for reserves FHA mortgage rates have continued to improve. The trend lately has been for the major banks such as Bank of America, Wells… Read more

Mortgage Rates: Current 30-Year Fixed Rate Remains 4.75. FHA Mortgage Rates Steady.

Ed Ferrara | November 16, 2009 | 0 Comments

Current mortgage rates are nearing 4.625% fixed for 30 years as the mortgage rate market continues to improve. Prices of Mortgage Backed Securities of which mortgage rates move opposite are up… Read more

FHA Mortgage Rates: FHA Mortgage Rates Hold Near Record Lows

Ed Ferrara | November 14, 2009 | 0 Comments

FHA mortgage rates continued to hold at near record lows this week. Prices of Residential Mortgage Backed Securities which move opposite FHA loan rates moved upward this week despite weak demand at… Read more

Current Mortgage Rates: Current 30-Yr Fixed Rates Excellent – FHA Mortgage Rate Update

Ed Ferrara | November 14, 2009 | 0 Comments

Current mortgage rates are unchanged; however, pricing which affects closing costs continues to improve.. Prices of Mortgage Backed Securities, which move opposite mortgage rates, rose slightly… Read more

Mortgage Interest Rates: No Change Today, Current Mortgage Rate at 4.75 Fixed for 30 Years

Ed Ferrara | November 12, 2009 | 0 Comments

Mortgage interest rates are unmoved today. Prices of Residential Mortgage Backed Securities are up slightly despite a very weak demand at today's 10 year treasury bond auction. Mortgage interest… Read more

Today’s Mortgage Rates – 30-Yr Fixed Mortgage Rate at 4.75 – FHA Mortgage Rates Reviewed

Ed Ferrara | November 11, 2009 | 0 Comments

Today's mortgage rates are virtually unchanged as Residential Mortgage Backed Securities markets are closed in observance of Veteran's Day. RMBS, of which mortgage rates move opposite, are up… Read more

Current Mortgage Rates: Another Flat Day for Mortgage Rates. Current 30-Yr Fixed-Rate 4.875

Ed Ferrara | November 5, 2009 | 0 Comments

  Not much going on in the world of mortgage rates today a day after the Fed announced they'll keep the key Fed lending rate at or near zero for an extended period of time. The Fed rate… Read more

Current Interest Rates: Today’s Mortgage Interest Rates Resolute Under 5

Ed Ferrara | November 3, 2009 | 0 Comments

  Mortgage Rates are resolute refusing to budge remaining at the same level they've been since a 1/4 percent rise nearly 3 weeks ago. Prices of Residential Mortgage Backed Securities of… Read more

Mortgage Interest Rates Today Firm – Current 30-Yr Fixed Interest Rate 4.875

Ed Ferrara | November 2, 2009 | 0 Comments

Prices of Residential Mortgage Backed Securities rose ever so slightly today and not enough to effect mortgage interest rates which move their opposite. The 10 year treasury yield, used to predict… Read more

Current Mortgage Rates Down a Tad. 30-Yr Fixed-Rate at 4.875 as Up and Down Week Continues

Ed Ferrara | October 30, 2009 | 0 Comments

Most major economic reports came in close to expected today yet we saw a big move in the Dow and bond yields. The Dow is down 224 points today as of 11:30 AM PST. The 10 year treasury yield, used… Read more

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