Currently, relative to fixed rate mortgages, ARM pricing is excellent. Freddie Mac’s weekly Primary Mortgage Market Survey puts the 5-year ARM mortgage rate lower than the 30-year fixed rate mortgage rate by 1.02 percent.
Tag Archive: Freddie Mac PMMS
Mortgage Rates Still Rising. Is This The End Of The Refi Boom?
With the sudden rise in mortgage rates, we have to question whether the Refi Boom is ending.
Florida Mortgage Update – 30 Year Mortgage Rates at All Time Low
No doubt you’ve heard that Florida mortgage rates are low. They’re lower than they’ve ever been in history. The news is everywhere. But the low rate environment looks like it’s ending.
How You Can Get The Most Accurate, Real-Time Mortgage Rate Quotes Available
Although the newspapers reported mortgage rates down last week, they weren’t. Conforming mortgage rates were higher by at least 1/8 percent, or roughly $11 per $100,000 borrowed per month. In some cases, rates were up by even more.
