Home purchases and refinance applications rise from the previous week. But the Fed is expected to continue raising rates. What should you do if you have an adjustable rate mortgage?
The Fed’s Rate Hikes Encourage Applications for Fixed Rate Mortgages
by Clayton Closson on October 20, 2005 in Mortgage Rates
The Fed's Rate Hikes Encourage Applications for Fixed Rate Mortgages
by Clayton Closson on October 20, 2005 in Market Update
Home purchases and refinance applications rise from the previous week. But the Fed is expected to continue raising rates. What should you do if you have an adjustable rate mortgage?
Lenders Raise the Limit for Jumbo Loans
by Clayton Closson on October 14, 2005 in Mortgage Rates
Fannie Mae and Freddie Mac are expected to increase the loan limit for jumbo-sized loans. Some lenders are already allowing clients to borrow up to $400,000 with lower non-conforming interest rates. Could this mean big savings for you?
In Case of Emergency
by Clayton Closson on September 16, 2005 in Homeowners Tips
Car broke down? Lost your job suddenly? Having extra money set aside for unexpected financial setbacks is something that many of us think about, but few of us actually do. Find out two ways to put money aside for that rainy day.
Mortgage Applications Increase for Week Ending September 2
by Clayton Closson on September 7, 2005 in Market Update
For the week ending September 2, mortgage applications rose 6.8%. Find out how the housing market is reacting to the drop in interest rates.
Dis-ARM to a Low Fixed-Rate
by Clayton Closson on June 9, 2005 in Mortgage Rates
An unexpected drop in long-term mortgage rates is creating tremendous opportunities for homeowners. Find out why now is the time to refinance your ARM to a fixed-rate mortgage.
Mortgage Rates Drop To Refinancing Boom Lows
by Clayton Closson on June 1, 2005 in Mortgage Rates
Long term mortgage rates hit the mid 5% range on weaker than expected manufacturing activity in April. Mortgage rates are at historic lows right now, creating a unique opportunity for anyone considering refinancing or buying a home.
Drop In Mortgage Rates Likely Temporary
by Clayton Closson on April 20, 2005 in Mortgage Rates
Last week's dramatic decline in mortgage rates were spurred on by statements from the Federal Reserve. Find out why experts predict these rates won't last long and why now may be consumers' last best chance to lock in a historically low mortgage rate.
Mortgage Q&A – Refinancing A 30-Year Fixed-Rate Mortgage
by Clayton Closson on April 8, 2005 in Mortgage Rates
A couple currently has a 30-year mortgage at a good interest rate. They are wondering what the advantages and disadvantages of refinancing to an interest-only mortgage would be. Find out how managing your mortgage can help you meet your financial goals.
Mortgage Applications Rise In Latest Survey
by Clayton Closson on March 30, 2005 in Market Update
Boosted by a rise in purchase loans, mortgage applications rose 2.4% last week. Despite the overall increase, refinance activity dropped for the second straight week. Learn more about what's happening in the mortgage market.
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