Yourquickmortgage

In the previous week’s Freddie Mac Primary Mortgage Market Survey, the short term mortgage rates that had been rising very sharply during the time of last few weeks suddenly fell slightly last week. Whereas the long term rates almost remained unchanged.
The 30-year fixed rate mortgage (FRM) moved up one basis point with 0.5 point from [...]

The Freddie Mac’s Primary Mortgage Market Survey released last week, showed that both the long term and short-term conventional mortgage interest rates are going to suffer huge downward turns. This was forecasted before Tuesday when Federal Reserve made half point rate cut.
Though there is no direct relationship between the Federal Reserve’s twisted rates and the [...]