Tag Archives: Lower Mortgage

Mortgage Lending Loosens…But Far From Loose

Rates have been trending lower of late due to trouble overseas and the weak U.S. employment picture. That uncertainty continues to send investors to the safety of the 10-year Treasury, pushing yields lower. Mortgage rates loosely follow those yields. But … Continue reading

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How Does the Fed Help My House, My Mortgage?

For those of you who expected to wake up to a 30-year fixed rate mortgage below 3 percent, you may as well go back to sleep. Yes, rates moved down, 0.125 percent, according to several sources, but that was not … Continue reading

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Commercial Real Estate Not Out of the Woods Yet

(Source: Steve Brown The Dallas Morning News (MCT) — Although the commercial real estate sector has so far escaped the severe downturn that’s hit U.S. housing, industry leaders are fretting that there’s still a lot of hurt ahead in cities … Continue reading

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Obama Refi Plan is Not Housing Stimulus

“President Obama is taking action.” At least that’s what the blog on the WhiteHouse.gov says today in describing the president’s trip to Las Vegas. “We can’t wait to help homeowners,” it goes. That action consists of revamping an existing government … Continue reading

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How Low Can Mortgage Rates Go?

What’s the bright side to a 200 point drop in the Dow? Yet another rush to Treasuries that pushes the 10-year yield below two percent; that, in turn, means even lower mortgage rates, right? Maybe not this time. Mortgage rates … Continue reading

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Lower Mortgage Limits Are a ‘Trade-Off’ Bernanke Says

scheduled expiration of higher loan limits at Fannie Mae, Freddie Mac and the FHA will have a negative effect on the housing market by raising the cost of home ownership, you can be rest assured the chairman of the Federal … Continue reading

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