May 19th, 2008
Source: http://uk.reuters.com/article/bankingFinancial/idUKN1643735120080516
A new policy on mortgage down payment requirements from Fannie Mae (FNM.N: Quote, Profile, Research) is “sound,” and could help unleash pent-up demand, James Lockhart, director of the Office of Federal Housing Enterprise, said on Friday.
“There is pent-up demand for housing,” Lockhart told reporters after a speech at the Federal Reserve Bank of Chicago’s […]
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January 28th, 2008
2008 Mortgage Rates
http://www.freddiemac.com/dlink/html/PMMS/display/PMMSOutputYr.jsp?year=2008
See Historical Mortgage Rates from 1971 - 2007
Monthly Average Commitment Rate And Points On 30-Year Fixed-Rate Mortgages
http://www.freddiemac.com/pmms/pmms30.htm
Historical Mortgage Rates in Excel Format
30 yr Mortgage Rates http://www.freddiemac.com/pmms/docs/30yr_pmmsmnth.xls
15 yr Mortgag Rates http://www.freddiemac.com/pmms/docs/15yr_pmmsmnth.xls
5 yr Mortgage Rates http://www.freddiemac.com/pmms/docs/5yr_pmmsmnth.xls
1 yr Mortgage Rates http://www.freddiemac.com/pmms/docs/1yr_pmmsmnth.xls
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January 24th, 2008
Nice tool for tracking FED activity from CNN and Money
http://money.cnn.com/news/specials/fed/
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January 24th, 2008
Source: BaltimoreSun.com
If you can refinance and you can find a flat fee mortgage then you may want to strongly consider the refinance option.
Refinancing needs
With mortgage rates falling, many consumers are considering refinancing their loans. But the requirements are different in this post-credit crunch. Some things you’ll need:
• Good credit, with a minimum score in […]
Filed under: Flat Fee Mortgage, Mortgage Rates, Sub-prime Meltdown | Comments Off
August 17th, 2007
News about Countrywide.
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March 21st, 2007
Mortgage Reset Data
Looks like a busy year for sub-prime adjustable to fixed. This will probably boost the use of 40 year and 50 year fixed mortgages as the exotic products are removed from the market.
This chart is from a blog but the original is from
Credit Suisse Fixed Income Mortgage Strategy
http://www.autodogmatic.com/forum/viewtopic.php?p=1226#1226
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November 29th, 2006
Interesting chart from Freddie Mac shows historical 30 yr mortgage loan rates since 1971 -
For those of you that think rates are high this might help with some perspective - note Fall of 1982 and Winter of 1982
http://www.freddiemac.com/pmms/pmms30.htm
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