Tag Archives: Rates
Forecast for mortgage rates
The Fed’s bond-buying extension and the “fiscal cliff” will impact mortgage rates. Continue reading
Borrowers in 5 states to pay more
Mortgage borrowers in five states would have to pay more for their loans starting next year. Continue reading
Will Libor go away?
In the wake of Liborgate, could mortgages be pegged to a different benchmark? Continue reading
Can the Fed spur homebuyers?
Operation Twist lowers borrowing costs, but more is needed to revive housing. Continue reading
Double benefit of refinancing
With mortgage rates dropping, homeowners are quick to realize the double benefit of refinancing now. Not only do they get a low rate that reduces their monthly payments, they are also locking in a shorter duration to be free of debt sooner and build u… Continue reading
Euro’s brief gift to refinancers
Think mortgage rates are low? Well, they are about to get lower. Continue reading
Less refinancing, more profit
Banks are making money from fewer mortgages, but next year looks quite different. Continue reading
Turning point for home prices?
Home prices jumped in 51 percent of metro markets; vacation home sales are rising. Continue reading
Rates creep up
Mortgage rates have been rising nonstop since the end of last week. So if you’re planning on getting a mortgage, you’d better get moving — unless you like living on the edge.
Now, I don’t want you to panic. But let me give you the facts so you under… Continue reading
Can QE3 fix housing?
The Federal Reserve may decide at its meeting next week to give another boost to the housing market with a third round of quantitative easing.
Back in 2008, the Fed announced QE1 to keep interest rates low, which involved buying mortgage-backed securi… Continue reading