Browse by Tags

All Tags » Rates are Low   (RSS)
27 January 2012
Federal Reserve Press Release Economy is in Recovery Rates at 0 percent til 2014
The Federal Reserve Board (FED) releases can be kind of confusing and difficult to understand. Here are the highlights: *Our unemployment rate still shows that too many people are out of work, and prices aren’t rising too much. *Since jobs are low, Read More...
0 Comments  
20 January 2012
Mortgage Rates 3.88 percent
The average rate on the 30-year fixed mortgage fell to a record low of 3.88 percent, Freddie Mac said Thursday. That's just below the previous record of 3.89 percent reached one week ago. Read More...
0 Comments
Filed under:
 
13 January 2012
Mortgage Rates drop to record lows...track the yield on the 10 year treasury note
Record Rates: Rate on 30-year mortgage drops to record 3.89 pct.--Average rate on 30-year fixed loan dips to 3.89 pct., 15-year drops to 3.16 pct. >Mortgage rates are lower because they track the yield on the 10-year Treasury note, which fell below Read More...
0 Comments  
19 September 2011
Mortgage Rates off Recent Lows
The borrowing costs required for average mortgage rates rose today, in some cases high enough to nudge the actual interest rate an eighth of a point higher. This is the first time in over a week that we've seen recent rates threatened. Good economic Read More...
0 Comments  
18 September 2010
Rates are low
Rates have been at or near the lowest level in decades since spring as investors worried about the state of the economy and moved money into safe Treasury bonds. That lowered those yields, which mortgage rates tend to track. But recent economic data have Read More...
0 Comments
Filed under:
 
29 July 2010
4.69% on a 30-year fixed-rate loan
Mortgage rates slumped to record lows this week, Freddie Mac confirmed, with lenders on average offering 4.69% on a 30-year fixed-rate loan. The average rate on the 30-year loan fell from 4.75% last week, dropping below the previous record of 4.71% set Read More...
0 Comments
Filed under:
 
12 March 2010
Rates still below 5%
Mortgage rates held below the 5 percent threshold, weeks before a government program that has been keeping rates low is scheduled to expire. The average rate on a 30-year fixed rate mortgage was 4.95 percent this week, down from 4.97 percent a week earlier. Read More...
0 Comments
Filed under: ,
 
04 March 2010
Jumbo Rates Drop
The average interest rate on 30-year fixed-rate jumbos dropped to 5.79%, a nearly five-year low , according to rate tracker Informa Research Services of Calabasas. It edged up to 5.88% on Tuesday, still very attractive by historical standards. The average Read More...
0 Comments  
09 October 2009
Rates are at Historic lows..see the graph
Please contact me (Thomas Ray:310-420-1149) to speak about what these historically low rates may mean to you. If you are waiting to buy, now may be the time. Search the MLS on my Site: www.LAexclusiveProperty.com My Blog: www.RealEstateBlogLA.com Read More...
0 Comments  
18 September 2009
10-year note fell to as low as 3.36%
INTEREST RATE UPDATE Current Trend Direction: Moving Sideways Risks Favor: Locking on the Dips Mortgage rates are lower this week as the yield on the benchmark 10-year note fell to as low as 3.36%, despite the continued rise in stocks. This week brought Read More...
1 Comments  
27 July 2009
Week in Review 7/27/09 Rates still Low!
Despite some volatile mid-week action, home loan rates closed out the week near the level where they had begun the week. The supply of unsold homes on the market dropped from the prior reading of 9.8 months down to 9.4 months - which is the best level Read More...
0 Comments