Tag Archives: 10 year treasury notes

What Determines Mortgage Interest Rates?

Part of what determines mortgage interest rates are worldwide economic events. What will also determine the interest rate you pay is your credit score. That you have control over. The biggest mover of mortgage interest rates is U.S. Treasury bonds. … Continue reading

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30-year mortgage rates fall below 5 percent

Last November, 30 year fixed rate mortgages went for 4.17% according to Freddie Mac. Since then, they’ve risen by almost a full percentage point only to drop down over the past three weeks as rising oil prices have sabotaged the … Continue reading

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Government Needs To Stabilize Housing

An academic at Columbia’s Business School writes for the NYT: AT the heart of the financial crisis is an unprecedented decline in house prices. The government needs to directly stabilize the housing market. The first step should be to reduce … Continue reading

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Jumbo Mortgage Loan Rates Dropping Like April’s Cherry Blossoms

Mortgage lenders keep getting tighter.  From SFGate.com: Banks want borrowers to have higher credit scores, more and better proof of their income and assets, and higher down payments or equity stakes in their homes – especially in areas they deem … Continue reading

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