Mortgage rates hold steady after ‘robo’ settlement reached
February 12, 2012 by Darcy Beg · Leave a Comment
In a week where a “landmark” foreclosure-abuse lawsuit finally came to a close, mortgage rates held close to record-low levels. One
Use a Healthy Balance of Financial Smarts and Up to Date Mortgage Rate Information
February 9, 2012 by Darcy Beg · Leave a Comment
The good news.
This week, the Interest Rate Review from Informa Research Services reported that rates on 30-year fixed mortgages dropped to 4.21%, down from 77 basis points from last year, when it stood at 4.98%. The result is a great opportunity for current homeowners to refinance their homes at lower APRs. If you want to keep track of the rise and fall of current mortgage interest rates, pay a weekly visit to BestCashCow.com for all the latest information.
The advice.
If you’re interested in doing everything in your power to turn an upside down situation into a right-side-up advantage, now may be the best time ever to strike. I
Florida Mortgage Rate Update for the Week of December 19, 2011
January 29, 2012 by Darcy Beg · Leave a Comment
Mortgage markets improved last week, but by a slight amount only; not enough to move conventional mortgage rates in Florida in any significant manner.
Wall Street watched as Eurozone leaders expressed little willingness to increase aid programs within the region, and as the Federal Reserve voted against new economic stimulus for the United States. The Fed Funds Rate remains near 0.000 percent and QE3 was not introduced.
Investors had expected the opposite outcome in both scenarios.
In most weeks, these stories would have led mortgage rates lower. There was, however, a fair amount of data suggesting that the U.S. e
MMR: Interest-only applications must be assessed on capital basis
January 20, 2012 by Darcy Beg · Leave a Comment
An interest-only mortgage application should be assessed as though it is a capital-and-interest deal, unless there is a “believable” strategy for repaying the loan that does not rely on house price inflation, the Financial Services Authority (FSA) has said.
Delaware Home Buying Seminar – February 18, 2012
January 16, 2012 by Darcy Beg · Leave a Comment
It is free to register for the seminar and you can register by calling 302-703-0727 or by sending an e-mail to Delawaremortgages@yahoo.com. You can also register online by clicking one of the link below:
The address of the seminar is The Christiana Hilton Hotel, 100 Continental Drive, Newark, DE 19713. Two session to choose from 10 AM till noon or 1 PM till 3 PM.