Jul
27
2010
Invest in yourself – Invest in Your Own mortgage and reduce those interest charges.
Let’s begin with the premise that you are a homeowner, have a mortgage and have at least a small amount of money left each month to invest. Where do you invest it? You’ll want a safe investment that pays more than those [...]
Mar
16
2010
Recently we have witnessed a boom in the mortgage industry. With increasing real estate values and a very low inflation, interest rates have touched an all time low. Since inflation is running extremely low at present, economists feel that mortgage rates will remain low in the near future also. As an obvious consequence homeowners are [...]
Mar
09
2010
So you’ve been careful with your money all these years and have always put some aside for a rainy day? Good for you! Even when the economy is weak, those who plan ahead can benefit from its downturn by taking advantage of market conditions. Even mortgages can benefit during tough economic times [...]
Mar
02
2010
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 [...]
Feb
23
2010
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 [...]