July 2010 Mortage Articles

Rates continue to slip lower on stalled economy

July 30th, 2010

With key economic data released this week no signs appear that mortgage rates will begin to climb in the near future. Mortgage rates drop and stay low when the economy...  Read More

Home prices rise in May

July 28th, 2010

Figures for home prices released on Tuesday show a slight increase in values for the month of May compared to April. Compared with 2009 values in the same time period...  Read More

FHA rates hit rock bottom -- no room to drop!

July 27th, 2010
If you are waiting for FHA mortgage rates to drop further quit waiting, they can’t for the time being. Feel secure inputting 4.25% in your mortgage calculator estimates for your...  Read More

Down: rates, sales, Bernanke. How down helps you

July 23rd, 2010
Shopping for low mortgage rates? Using refinance calculators to determine your savings with those low mortgage rates? This week’s economic data is good news for you. From Fed Chief Ben...  Read More

5 Easy Mortgage Mistakes: How to Avoid Them

July 21st, 2010

You have probably heard at least one mortgage horror story from friends, family, or neighbors–or even lived one or two yourself. What you likely do not hear is how often...  Read More

Foreclosures Continue To Mount: Opportunity or Anxiety?

July 20th, 2010

Information in the Midyear 2010 U.S. Foreclosure Market Report released by RealtyTrac gives some mixed news on foreclosures across the country. New filings decreased from the prior period, but are...  Read More

Fed Outlook & Economic Data Help Keep Low Rates

July 16th, 2010
Minutes released from the Federal Reserve’s policy meeting held June 22-23 suggest moderate concern about economic recovery. Economic data published subsequent to the release of the Fed minutes added to...  Read More

If Mortgage Rate And Fees Are Equal, Why Is One APR Higher?

July 14th, 2010
You are refinancing your mortgage, and in doing your research you have two companies from which you are getting mortgage quotes. Let’s say the mortgage rate, mortgage fees and monthly...  Read More