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October 2013 Mortgage Interest Rates Fall Again

With a weaker jobs report than expected and the end of the partial Federal Government shutdown, mortgage interest rates have fallen to the lowest level since June. Rates on 30-year fixed-rate mortgages averaged 4.13 percent with an average point of

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Current FHA Loan? Thinking of Re-fi? NOW is the Time

If you have a current FHA loan and have been thinking of looking at a re-fi, now would be the time. On November 17, 2009, new, much stricter guidelines go in to effect for those wanting to take advange of

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Posted in Mortgage News

Great News for Home Buyers

The benchmark 30-year mortgage rate fell below 5 percent to reach an all-time low of 4.96. This is fantastic news if you want to to buy a home. There are currently some wonderful homes on the Lake Powell real estate

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Mortgage Applications Double Last Week

According to an article on Bloomberg.com Mortgage Bankers Association applications to buy a new home or refinance and existing loan rose 112% last week. The rise comes on the news the Federal Reserve is going to buy Mortgage Back Securities.

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