Today Mortgage Interest Rate

Mortgage interest rates have moved down a fair amount since the beginning of the year, but it’s still hard to see this as a decided downward trend. Mortgage bond traders are still bi-polar, and the swings between the highs and lows are .

Today the FOMC reduced the Fed Funds rate by a half point to 3%. A half point rate cut was expected by Traders and so far we do not have significant changes (yet) to mortgage interest rates. However, if you have a HELOC, your interest .

What affect will today’s Fed Rate cut have on mortgage rates? This morning we woke to a stunning .75 basis points rate reduction by the Fed. Here is your opportunity as a consumer to smoke out the liars, usually advertising on the radio .

WHO IS THIS OFFER FOR: Mortgage brokers that call homeowner lists to generate new business. . . WHAT I AM OFFERING: The highest quality homeowner list (reach / higher interest rate homeowners / level of interest) at the lowest price. .

That question was asked of me today by one of my favorite borrowers. I met Jim, a sales representative in Paradise Valley, Arizona, in 1994. Jim was one of my first customers, responding to a mailer I sent about VA Interest Rate .

Fixed-rate mortgage rates aren’t directly tied to Fed interest rate moves. Instead, they tend to follow in the direction of other long-term government bond yields, such as the 10-year Treasury, which historically moves in accordance .

Today the FOMC reduced the Fed Funds rate by a half point to 3%. A half point rate cut was expected by Traders and so far we do not have significant changes (yet) to mortgage interest rates. However, if you have a HELOC, your interest .

By cutting like they did today they are trying to stimulate the economy. You should recognize that the Fed doesn’t have much control over long-term interest rates. This can be seen by the fact that the Fed raised the Fed funds rates for .

If youre actually using mortgage jargon in your advertisements then youre probably doing it wrong and Im going to tell you a secret: The only people who enjoy looking at rate sheets are “rate shoppers and other brokers. .

Late payment on one of them can default the whole bunch to 30% interest rates. $2.5 trillion in un-collateralized debt--ten to twenty times the mortgage meltdown defaults, balanced on the head of a pin. .

You’re charged a fee to lock-in your mortgage rate: it does not, I repeat, IT DOES NOT cost you money to lock-in your rate. The only cost you will bare is a higher interest rate tomorrow if you don’t lock-in your interest rate today!

(The Fed can cut the overnight rate all the way to zero, but even large changes in the overnight rate can have only modest effects on mortgage interest rates, if the market perceives those changes as temporary.) If it can’t, .

"While the yield on 10-year Treasury notes fell 1.43 percentage points in the past three months to the lowest since 2003 following four interest rate cuts, the cost of borrowing for apartment buildings, offices, retail properties and .

They have little in common with the newly minted physician who has a young family, a 10-year-old car from residency and a $2000 a month loan payment in addition to rent (mortgage if they are lucky)and office overhead expenses. .

4) During the debate last night Senator Clinton mentioned freezing the interest rate for five years. How does she think we would avoid having this same crisis in 2012 or 2013? We are awaiting clarification if this point on her website .

Written before the cut was announced, Yves Smith of Naked Capitalism notes the Fed was already nearing negative real interest rates, and by some measures was already there. James Hamilton gives us his research on when to expect the rate .

I’ve updated the 30 year fixed mortgage rate trend chart so that it now shows mortgage interest rates from April 1971 through December 2007. In addition,historical rate trend charts for 15 year fixed mortgages, and 1 and 5 year ARMs .

They have little in common with the newly minted physician who has a young family, a 10-year-old car from residency and a $2000 a month loan payment in addition to rent (mortgage if they are lucky)and office overhead expenses. .

3) If bankruptcy judges are allowed to modify loan terms, will the mortgage market raise interest rates in response? MBA asserts, without citation, that interest rates would rise by 1.5%. A nice round number. Our colleagues at Credit .

Today the Federal Reserve announced a further 50-basis-point cut in its target for the fed funds interest rate, bringing it down to 3.0% for a total reduction in January of 125 basis points. How long should it take before this has an .

Fed Rates Keep Falling on My Head: What the Fed Rate Cuts Mean for Your Savings and Mortgage. CALABASAS, CALIFORNIA – Today, the Fed slashed the Fed funds rate by 50 basis points. Like most things, dropping rates are a game of give and .

As you can see from the two charts below, prior to the Fed’s aggressive inter-meeting 75 point cut and today’s 50 point cut, 30-year and 15-year mortgage rates were actually going down in the States. The market was clearing a bit. .

The Federal Reserve lowered its benchmark interest rate by half a percentage point to 3 percent, the second cut in as many weeks, to prevent the US economy from sinking into a recession. “Today’s policy action, combined with those taken .

Heightening the sense of global economic uncertainty, the US Federal Reserve yesterday authorised its second interest rate cut in eight days, bringing the base rate down to just three per cent.