August 31, 2010 (FreeRateUpdate.com) – Mortgage rates have continued to remain low throughout the summer months. With the 30 year fixed rate at 4.125% and the 15 year fixed rate at 3.625%, one…
Jumbo Mortgage Rates Continue to Fall
Just as conforming mortgage rates continue to be unpredictable, the same can be said for the jumbo mortgage rate market. As the housing market continues to correct itself, mortgage rates across the…
Borrowers Lowering Mortgage Interest Rates Via “Cash In” Refinance
August 25, 2010 (FreeRateUpdate.com) – In recent weeks, mortgage rates have hit a record low with the current 30 year fixed rate at 4.00% and the 15 year fixed rate at 3.50%. With many borrowers…
FHA Mortgage 101: Locking Your FHA Loan Rate
August 24th 2010 (FreeRateUpdate.com) – Even though FHA mortgages have become quite popular during the past several years, understanding what they are all about is still somewhat of a mystery to…
How Low Can Mortgage Rates Go?
August 17, 2010 (FreeRateUpdate.com) – As the government seeks to revive the real estate market, mortgage interest rates continue to fall. Interest rates dipped this week to a new record low in…
FHA Loans Insured but Costly
August 13, 2010 (FreeRateUpdate.com) – The interest rates on FHA and conforming loans are very similar. Currently, a 30 year fixed conventional loan is 4.125 percent and an FHA loan is 4.0 percent….
When Will Mortgage Rates Finally Rise?
August 11, 2010 (FreeRateUpdate.com) – With so many people sitting back and waiting to see what is going to happen in the housing and mortgage markets, it is now clear that the summer season is not…
Mortgage Rates 6/7/10: Mortgage Interest Rates to 4.375% and Holding
June 7, 2010 (FreeRateUpdate.com) – Conventional 30-year fixed mortgage interest rates moved to an all time record low 4.375% on Friday for well-qualified consumers paying .07 to 1 point origination….
Mortgage Interest Rates Today 5/19: Mortgage Rates Match Record Low
May 19, 2010 (FreeRateUpdate.com) – Mortgage interest rates today have matched an all time low set in late 2009. 30-year fixed mortgage rates, for conventional mortgages, are at 4.5% for well…
Current Mortgage Interest Rates 5/10/10: Mortgage Rates Steady through Dow Drop
May 10, 2010 (FreeRateUpdate.com) – Current mortgage rates are unchanged, and held their ground through the 6 minute 1,000 point stock plunge last week. Mortgage-backed securities prices, which drive…