Each week, government-led Freddie Mac publishes a weekly mortgage rate survey based on data from 125 banks across the country. According to this week’s results, the relative rate of a 5-year ARM is extremely low versus its 30-year fixed-rate cousin.
Each week, government-led Freddie Mac publishes a weekly mortgage rate survey based on data from 125 banks across the country. According to this week’s results, the relative rate of a 5-year ARM is extremely low versus its 30-year fixed-rate cousin.
A report from the Lakeland Ledger confirmed news for Winter Haven mortgage borrowers that home sales are picking up in the area, despite a down December existing home sales period nationally. All told, some 376 existing homes were sold in Winter Haven, Lakeland, and surrounding Polk County areas in December, ...
There’s a lot of talk on CNBC and elsewhere about what’s coming in 2010. Before you take those predictions to the bank, just remember that analysts do a much better job interpreting data from the past than projecting it into the future.
If you’re among many folks in Winter Haven, Florida who are waiting for mortgage rates to “bottom out”, consider that we may have already reached bottom and might be headed on the way up.
Well folks – we’re going on week 2 of a scenario where Florida mortgage markets started strong and then petered out.
I've received a lot of questions about the recent stimulus package and the $8,000 "First-Time Home Buyer" tax credit that is part of it. There are many scenarios and questions about who does and who does not qualify... and even the term "First-time home buyer" is not ...
Well, not exactly. See the video below... The business TV world is on fire this morning with rumor of 4.500 percent mortgage ...