It’s no secret. Rates are low right now. And, it’s not just mortgage rates, either — all types of rates are scraping rock-bottom. Borrowing rates, lending rates and savings rates are at or near their all-time lowest levels.
Tag Archive: Interest Rates
What’s Ahead This Week with Florida Mortgage Rates – September 21, 2009
September 21, 2009 – the one event you should remain mindful of this week regarding Florida mortgage rates is the coming 2-day meeting of the Federal Open Market Committee (FOMC).
Are Those 4.500 Percent Winter Haven Mortgages for Real?
TweetWell, not exactly. See the video below… The business TV world is on fire this morning with rumor of 4.500 percent mortgage rates on the horizon; the clip above ran on NBC this morning. The news comes from information released on the “down low” that the U.S. Treasury will somehow positively impact the mortgage…
Consider Locking Now… ‘Cause Rates are Gonna Pop!
TweetThe Federal Open Market Committee adjourns from its scheduled 2-day meeting today at 2:15 P.M. ET and the markets are eagerly awaiting the central bank’s press release. In it, Fed Chairman Ben Bernanke is expected to address the U.S. economy, the future of credit, and the new Fed Funds Rate. Dear Friends and colleagues here…
OK Winter Haven, Get Those Mortgage Rate Crystal Balls Polished Up!
Tweet As the good folks of Winter Haven, FL and the rest of Polk County try to make sense of what’s going on in the mortgage and financial markets – one thing holds true about the overall outlook: It’s clear as mud! As the stock market dips then jumps then dips again, it’s important…
Why The Government’s Takeover Of Fannie Mae and Freddie Mac Is Lowering Mortgage Rates
Tweet When comparing two investments with equal risk, a rational person will choose the investment with a higher rate of return. This behavior is called Risk Aversion and is a basic tenet of personal investing. An off-shoot of Risk Aversion is that a rational person will only invest in an instrument of greater risk if…
