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Interest Rates For Today’s Home Buyers

 Trying to Find the Best Interest Rate?

Often it is very difficult to understand the jargon and stay on top of what is really happening in the mortgage market. If you are purchasing a home you no doubt have considered the fact that mortgage rates are still very low. But what does that mean to you the borrower? If you lock into a loan now what are the chance it will go even lower? Truthfully, no one has a crytal ball and at best your lender or a selection of lenders you visit can only give your their best guess and advice. Here are some current news stories on interest rates, that might help you ask the right questions when you visit with your lender.

Mortgage Rates: Low Mortgage Rates Remain Flat As Stocks Fall
Conforming mortgage rates have been able to remain low despite current market swings. Today’s 30 year fixed mortgage rates are at 3.750% and 15 year fixed mortgage interest rates are at 3.125%. 5/1 ARM loan rates are at 2.500%. …

http://lynnesneed.com/2010/07/12/history-of-mortgage-interest-rates-lowest-in-decades/

www.freerateupdate.com

Mortgage Rates Today: Bank of America, Wells Fargo and Key Bank Raise Interest …
Higher prices on notes forced the banks to give competitive yields which drove the interest rates to higher levels. Differences between the 10-year note and 30-year fixed rate mortgage tightened to 2.008 percent. Meanwhile, Freddie Mac (FHLMC) and …
southerndailypress.com

A Look At Mortgage Rates And Credit
Gabriel talks about how fixed mortgage interest rates have hit a historic low, but it’s harder for homeowners to qualify. He says credit is cheap and tight — two things we never used to see. He explains what has happened to cause interest rates to …
www.npr.org

AG Mortgage Investment Trust, Inc. Reports $1.41 Earnings Per Share and $20.64 …
Weighted average rates shown are inclusive of rates corresponding to the terms of the swap as if the swap were effective as of September 30, 2011. **Approximately 55% of our interest rate swaps reset monthly based on one-month LIBOR and 45% of our …
www.marketwatch.com

Central Bank does not want powers to enforce rate cuts
THE CENTRAL Bank has told the Government it does not want powers to force banks to pass on interest rate cuts to mortgage-holders and other customers. In a letter sent to the Taoiseach on Friday, the Financial Regulator and deputy governor of the …
www.irishtimes.com

RobReportBlog – Mortgage Interest Rates, Fees and Points …
When you decide to purchase a home, a lot of people think alright, I have the money for a down payment, my credit score is good, so let’s buy a house. It can be that simple but…… There are other things involved in buying a …
http://bedfordnyhomes.livejournal.com/

http://www.flickr.com/photos/59046117@N07/5883908084

Mortgage Interest Rates at 4% Aren’t Low Enough—Should the Fed …
Mortgage Interest Rates at 4% Aren’t Low Enough—Should the Fed Push Harder? 13th November 2011 · 0 Comments. The central bank may want to do more to help the housing market and stimulate the economy, but it may …
http://www.emortgagenews.info/

 

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About the author

Sherry Fields Sherry Fields has been working in real estate since 2002. Working with the development team for the Hilton Garden Inn gave her strategic information on the commercial real estate market in Missoula. Broadening her scope she moved into the residential market and earned the designation SFR in short sales and foreclosures. Currently affiliated with Prudential Montana Real Estate, she works with both buyers and sellers "building relationships so you can buy & sell with confidence". Sherry Fields has recently earned the CREN designation - Certified Real Estate Negotiator. While price is a large part of negotiation - it is also about timing everything from the closing date to inspections, appraisals, home insurance - and it is about negotiating items that can show up in home inspections to achieve a mutually acceptable outcome.

**************************************************************************** © 2016 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc ®. Equal Housing Opportunity. Privacy Policy Sherry Fields 1020 South Ave. W., Missoula, MT 59801 | Phone: (406) 207-8448 | Email: Sherry.Fields@bhhsmt.com *******************************************************************************



2 Responses to “Interest Rates For Today’s Home Buyers”

  1. […] Often it is very difficult to understand the jargon and stay on top of what is really happening in the mortgage market. If you are purchasing a home you no doubt have considered the fact that mortgage rates are still very low. But what does that mean to you the borrower? If you lock into a loan now what are the chance it will go even lower? Truthfully, no one has a crytal ball and at best your lender or a selection of lenders you visit can only give your their best guess and advice. Here are some current news stories on interest rates, that might help you ask the right questions when you visit with your lender.Source: sherryfieldsrealestate.com […]

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