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Yes the Fannie Mae and Freddie Mac "Home Affordable Refinance Program" ...
Rates are updated weekly. For live updates please request to follow "The Mortgage Reel" on Twitter.
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Guidelines for each scenario click here
Scenario Based on Purchase Price of $400,000 with 20% down
1% Loan ...
Exciting - Encouraging News!!!
The vote for the $8,000 tax credit extension is in the works. It is looking very good for approval!!! If you're in contract right now because you ...
The housing sector is still showing life as the numbers came in better than expected. 433,000 over the expected 390,000 homes sold in July. Housing inventory now stands at a ...
Last week the record Treasury auction had mixed results but overall went well. This improves mortgage rates late in the week. The following week is pretty mellow for announcements.
Fed ...
We apologize for skipping the past week. New regulations have been released and mandatory trainings have been taking place almost everyday to make sure we follow the new guidelines. These ...
What is driving mortgage rates?
If you have ever invested in a savings bond or a Certificate of Deposit you had the issue date and a maturity date. Bonds and Treasuries ...
China has been a discussion in the media but to what degree are they investing in the United States.
It was once thought that they were supporting the United States ...
All eyes on "Big Ben Bernanke"
The much anticipated and speculated two day Federal Reserve meeting is set to being Tuesday, June 23rd. Every word Ben Bernanke speaks will cause volatility ...
Seattle Mortgage Rates Today , June 15, 2009
Interest rates move lower, why?
As China re-emerged investing in long term bonds home loan mortgage rates welcomed the investors lowering yields and rates. ...