I’m purchasing a home and I got quotes from different large banks and countrywide gave me the best quote at the time (30 yr fixed 6.75 (1pt), 2nd loan HELOC at prime plus 1% (9.25%). Plus I was already preapproved by them. I never locked in a rate but was told my mortgage lender locked [...]
Articles tagged with: feds
My 5-1 ARM adjusted last year and went to 6.25%. It will adjust again this November. Are mortgage rates based on the feds fund rate? Or something else? How can I estimate what my new rate will be?
Tags: arm mortgage, feds, mortgage rates
My mother-in-law has gotten to that age where she needs us to take care of her, but we need our own place for our family too, so it seems the perfect solution to get a mobile and place it on her farm so we can take care of her and take over the farm. [...]
I was reading some online news and it was saying that FEDS are meeting today for 2 days to discuss about some rates. And tomorrow (wednesday 2pm) will know about the policy.
1) Will this meeting have any effect on the home loan interest rates ?
2) Do you reckon the home loan rates for 30yr fixed [...]
Lee County businesses weigh feds' loan dealsThe News-PressBut demand for the most favourite small-business loans has dampened in Southwest Florida the time 18 …Business loans: SBA programs are available, but banks hesitant to lendSun-Sentinel.comall 2 news articles »Technorati
Tags: banks, county businesses, feds, lee county, news articles, sba programs, sentinel, small business loans, southwest florida, technorati
now that the feds have cut the prime interest rate from 2% to 1.5% why have the 30 yr fixed mortgage rates not followed suit?
Tags: 30 yr fixed mortgage rates, auto lenders, bigs, economic index, feds, fixed mortgage rates, fixed rates mortgage, handiwork, hoenig, home mortgage interest, home mortgage interest rate, home mortgage rates, inflation [...]
I highly doubt feds will drop rates again, so how long should I wait to refinance after this last drop?
Tags: doubt, feds, last drop, Refinance
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