Archive for the 'mortgage rates' Category

Mortgage Rates on 30 Year Mortgages at historic lows.

Thursday, February 25th, 2010

A friend of mine passed this graph onto me earlier today.  I think it does a real nice way of showing just how good of a time it is to purchase a new home right now with rates at ridiculous lows.  Rates are expected to climb toward the end of this year, so the time [...]

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Fed Pumps Trillions Into Economy; Mortgage Rates Drop

Friday, March 20th, 2009

Yesterday, 30-year fixed mortgage rates fell to 4.98 percent, the lowest rate since mid-January of this year. The fall came the day after the Federal Reserve said it will pump $1.2 trillion into mortgage markets in an effort to lower rates on mortgages and loosen credit, according to an article by the Associated Press.
Associated Press
Mortgage [...]

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