Tag Archives: inflation fears

Inflation Fears Raise Mortgage Interest Rates

Food and energy prices are soaring, fueling inflation around the Western world and pushing up mortgage interest rates. Marketwatch reports: Mortgage rates rose this week, influenced partly by inflationary data, Freddie Mac’s chief economist said on Thursday. The 30-year fixed-rate … Continue reading

Posted in mortgage, Rates | Tagged , , , , , | Comments Off on Inflation Fears Raise Mortgage Interest Rates

Mortgage Rates Fall

For the past two months, mortgage rates have ticked steadily upwards. Now they are falling. You can get a 30-year fixed rate mortgage at 4.77%. Fewer people are applying for mortgages and refinancing, home sales are down and foreclosures heading … Continue reading

Posted in Rates | Tagged , , , , , | Comments Off on Mortgage Rates Fall

The Price Of Low Interest Rates

From the Washington Post: The Fed generally gets tons of praise when it cuts rates, but the nasty side effects of ultra-low short rates, like today’s 2 percent federal funds rate or the 1 percent rate in effect from June … Continue reading

Posted in Rates | Tagged , , , , , | Comments Off on The Price Of Low Interest Rates

The Biggest Taxpayer Bailout In History

(Fortune Magazine) The Fed generally gets tons of praise when it cuts rates, but the nasty side effects of ultra-low short rates, like today’s 2% Federal funds rate or the 1% rate of June 2003-June 2004, are rarely noted. When … Continue reading

Posted in fannie mae, freddie mac | Tagged , , , , , | Comments Off on The Biggest Taxpayer Bailout In History