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U.S. Existing Home Sales Fall Less Than Expected But Hit Six-Month Low

MOYMRyan — Fri, 24 Jun 2011 21:07:27 +0000

While the National Association of Realtors released a report Tuesday morning showing a drop in U.S. existing home sales in May amid temporary factors and financing problems, sales fell by less than economists had been anticipating. The report said existing home sales fell 3.8 percent to an annual rate of 4.81 million in May from a downwardly revised 5.00 million in April. Economists had expected …
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Source: RTT News
Date Published: 21st June 11

How to cope with a rising interest rate regime

MOYMRyan — Thu, 23 Jun 2011 14:46:04 +0000

Increasing interest rates are making home loan EMI payments a bigger burden than ever.
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Source: Business Standard India
Date Published: 20th June 11

Starwatch Consumer | Mortgage rates stay mostly flat

MOYMRyan — Wed, 22 Jun 2011 14:42:44 +0000

Fixed mortgage rates stayed roughly flat after falling for eight weeks. The average rate on the 30-year loan ticked up from a yearly low of 4.49 percent to 4.50 percent, Freddie Mac said Thursday. The average rate on the 15-year fixed mortgage fell to 3.67 percent from 3.68 percent. That’s a low for the year.
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Source: The Kansas City Star
Date Published: 17th June 11

Freddie Mac: 30-year mortgage rate levels off at 4.5%

admin — Wed, 22 Jun 2011 08:26:46 +0000

Mortgage rates leveled off this week, according to a Freddie Mac survey that found the 30-year home loan up a single notch and the 15-year mortgage down by the same amount. The survey said lenders were offering 30-year fixed-rate loans…
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Source: Los Angeles Times
Date Published: 16th June 11

Inflation Report Doesn’t Budge Rates

admin — Sun, 19 Jun 2011 00:53:29 +0000

Mortgage rates held steady this week, despite reports of somewhat stronger inflationary pressures in the underlying economy. Average interest rates on 30-year fixed-rate mortgages
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Source: Nasdaq
Date Published: 16th June 11

LendingTree Weekly Mortgage Rate Pulse Reports Rates Fall to 4.67 Percent

MOYMRyan — Sat, 18 Jun 2011 01:53:13 +0000

CHARLOTTE, N.C., June 15, 2011 /PRNewswire/ — Average mortgage rates continued their decline this week according to the LendingTree Weekly Mortgage Rate Pulse, which tracks the lowest and average mortgage rates offered by lenders on the LendingTree network. (Logo: http://photos.prnewswire.com/prnh/20110518/MM04455LOGO ) On June 14, average home loan rates offered by …
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Source: redOrbit
Date Published: 16th June 11

Inflation and the Dollar’s crash

admin — Thu, 16 Jun 2011 16:25:45 +0000

US Bank System Collapsing A View from the Southern Hemisphere……. Please subscribe, rate and pass this video along as quickly as possible. Thank you. Over 90% of America did not want to passage of HR3997. The US Congress was held at “Executive Gun Point” and told: “you either pass this bill or we will declare martial law.” The most painful part of HR3997 is the shift in the final bill. What was the shift? Unbeknownst to the American people, however, is that since September 20th, the 0 billion bailout bill signed into law by their President yesterday was expanded from its original 3 pages to a 451 page virtual novel of new laws virtually enslaving them to the foreign holders of their debt. In addition, there are reports circulating in the Kremlin today are stating that the first deployment of Chinas elite People’s Armed Police (PAP) under an agreement signed between the United States and China, and US Homeowners Soon To Be Evicted By Chinese Police Under New Law HR3997. Even more disturbing, these reports continue, are that these new laws not only give Chinese and European banks control over the mortgage debt of the American people, they now include their credit card balances, and which virtually the entire US populace have indebtedness to. To how utterly chilling this new US law for the American people, titled the Emergency Economic Stabilization Act of 2008, Russian legal experts point out in these reports that: Section 101 (a)(1) establishes what is termed the …

Today’s Mortgage News, a Cool Tip and a Special Guest Star

admin — Wed, 15 Jun 2011 05:52:09 +0000

June 13th’s Mortgage Rate News and Notes!

Mortgage Rate Refinancing

MOYMRyan — Tue, 14 Jun 2011 11:01:28 +0000

The most suitable rates for different individuals change according to their budget and future plans. You only need to take a few steps to obtain the best rate that suits your budget.

Mortgage costs reach record low

admin — Mon, 13 Jun 2011 23:30:29 +0000

The interest charged on short-term fixed rate mortgages fell to a record low during May as lenders passed on reductions in their own funding costs to borrowers, new figures show. Related Stories Olympics hope as tickets money goes ‘Too much sugar in fruit juices’ Duke of Edinburgh vows to ease up on public roles before reaching ‘sell-by date’ Conservative MP Andrew Bridgen arrested over alleged …
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Source: Belfast Telegraph
Date Published: 10th June 11