Todays low mortgage rates could become a continuous trend after the Feds Tarullo mentioned that the first choice of action to help the economy and boost the housing sector would be to purchase mortgage backed securities. Low conforming mortgage rates have become normal to most people, although many are still waiting for them to go [...]
There were plenty of economic twists and turns last week which allowed mortgage rates to find some additional room to fall. Fed and economy send rates downward As we mentioned last Monday: The “wildcard in the [mortgage rate] forecast is the Fed; if something unexpected comes in the statement which will come on Wednesday, [...]
Record low mortgage rates remain stable today and are an incentive for borrowers seeking better mortgage terms. Mortgage refinancing have been on the increase for the past few weeks as consumers realize there may never be a better time to make a move to put more money in their pockets. Conforming mortgage rates are all [...]