Mortgage Rates 8/9: Record Low Mortgage Rates Still Available

Ed Ferrara | August 9, 2010 | 0 Comments
Mortgage Rates 8/9: Record Low Mortgage Rates Still Available

August 9, 2010 (FreeRateUpdate.com) – Mortgage rates are still at record lows. Mortgage-backed securities prices, which drive mortgage rates in the opposite direction, continue to waiver, rising…

Mortgage Rates 7/20: Mortgage Rates on Edge of 1/8 Increase

Ed Ferrara | July 20, 2010 | 0 Comments
mortgage rates

July 20, 2010 (FreeRateUpdate.com) – Mortgage-backed securities prices, which move mortgage interest rates in the opposite direction, continue to wobble during volatile sessions and are unchanged…

Mortgage Rates 7/19: Mortgage Interest Rates Could Rise Slightly

Ed Ferrara | July 19, 2010 | 0 Comments

July 19, 2010 (FreeRateUpdate.com) – Mortgage-backed securities prices, which drive mortgage rates in the opposite direction, gave some back today slipping -9/32 (FNMA 30-yr 4.0 at 101.19), putting…

Mortgage Rates 7/15: Mortgage Rates Dip to Another Record Low

Ed Ferrara | July 15, 2010 | 0 Comments
mortgage rates low

July 15, 2010 (FreeRateUpdate.com) – Fixed mortgage rates dipped to yet another record low this morning. 30-yr fixed mortgage rates are now at 4.125% for well-qualified borrowers paying 1 point…

Current Mortgage Rates 6/16: 15-Yr Fixed Rate Still at 3.875, on Edge

Ed Ferrara | June 16, 2010 | 0 Comments
mortgage rates

June 16, 2010 (FreeRateUpdate.com) 30-year fixed mortgage rates are steady at 4.375% for well-qualified borrowers paying a standard 1 point origination. 15-yr fixed rates, also steady, are at 3.875%…

Mortgage Rates 6/15: Mortgage Rates at Risk to Edge Up

Ed Ferrara | June 15, 2010 | 0 Comments
mortgage rates

June 15, 2010 (FreeRateUpdate.com) – Mortgage rates are at risk to edge up following a decline in mortgage-backed securities prices today -9/32 (FNMA 30-yr 4.0 at 99.16) . MBS prices drive mortgage…

Mortgage Rates 6-11: Mortgage Rates Recover, Jumbo Rates Steady

Ed Ferrara | June 11, 2010 | 0 Comments
mortgage interest rates

June 11, 2010 (FreeRateUpdate.com) – A big drop in mortgage-backed securities prices yesterday indicated mortgage rates could finally go up; however, MBS prices, which drive mortgage rates in the…

CONSUMER ALERT-Mortgage Rates 6/10: Mortgage Rates Rising Fast

Ed Ferrara | June 10, 2010 | 0 Comments
mortgage rates

June 10, 2010 (FreeRateUpdate.com) RATE ALERT – Mortgage rates are rising fast on positive economic data. Worries over European debt eased, jobs numbers came in higher than expected, and China…

Mortgage Rates 6/9/10: 30-Year Fixed Mortgage Rates Still at Low

Ed Ferrara | June 9, 2010 | 0 Comments
mortgage rates

June 9, 2010 (FreeRateUpdate.com) – Mortgage-backed securities prices, which drive fixed mortgage rates in the opposite direction, are up slightly today +3/32 (FNMA 30-yr 4.0 at 100.09), not enough…

Mortgage Rates 6/7/10: Mortgage Interest Rates to 4.375% and Holding

Ed Ferrara | June 7, 2010 | 0 Comments

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….