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Coffee After Midnight: FHA Mortgage Rates, Widget, Mortgage Rates Forecast, 30 Yr Fixed

By: Bruno Mckenzie

 I read on the FreeRateUpdate.com Facebook Page we broke our daily pageviews record in consecutive days – (Google Analytics tracks these things), that’s gota be a good thing. Where’s my stats on the COFFEE AFTER MIDNIGHT COLUMN?  I might need to talk to my agent about a new deal.

My new coffee maker.

My new coffee maker.

Coffee Talk: My new coffee maker is out of this world. The “caffeine machine” has got a 5 gig hard drive, 2 backup heaters, voice recognition, recognizing 622 grounds from 76 countries and stands 4 feet 2 inches. It brews strong when asked. I wouldn’t kid ya. I bought it online this morning and it’ll arive Friday, flown in from London. Picture to the right.

As always we covered FHA mortgage rates today on FreeRateUpdate.com. High fees are overshadowing low FHA loans rates. Today’s FHA 30 year fixed rate is 4.75%. Read the full story here.

Speaking of FHA mortgage rates, today we launched an FHA mortgage rates widget. There’s a lot of mortgage rate widgets out there, but yours truly has the only one displaying FHA mortgage rates at par. If you’re a real estate agent looking to provide FHA mortgage rates to your visitors, you’ll want to check this out.  Get it here.

Mortgage rates are nearly impossible to forecast. Everybody hopes private investors step in and fill the void of the government when they exit the MBS market in March. Will this still happen when a large amount, to the sum of $100 billion dollars aren’t being made good on. Read the full story here.

NEW:In our partnership with Informa Research Services we’ve launched a local mortgage rate search.

Lastly, forget forecasting mortgage rates. Let’s talk mortgage rates today. Mortgage backed securities moved up slightly but current mortgage rates continue to resist and deterioration. Current mortgage rates are at 4.75%, for a conforming 30 year fixed. Read the latest mortgage rate update here.

I thoroughlyy enjoyed my coffee after midnight, I hope you did too.

10-4,

The Real Bruno Mckenzie

 
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