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  • 30-year Fixed-Rate Mortgages Hit New Record Low

    30-year fixed-rate mortgages hit a new record low  The weekly mortgage rate reports released Thursday indicate 30-year fixed-rate mortgages hit a new record low.Examples of monthly payments:Assuming 20% down and 30 Year mortgage at 4.375% interest rate (APR 4.551%)  as provided by Russell’s preferred lender American Midwest ...
    Posted to LindaAllison Gray (Weblog) by 191276 on July 9, 2010
  • Have Interest Rates Bottomed and Now Going UP!

    Have Interest Rates Bottomed and Now Going Up! According to the weekly Rate Trend Index from Bankrate,   rates have bottomed. 62% of the expert panelists expect mortgage rates to remain unchanged over the next seven days. While 38 % believe rates will increase in the coming week. (DSNews 6/3/10)The time to buy is now!    Get ...
    Posted to LindaAllison Gray (Weblog) by 191276 on June 4, 2010