Tag Archives: mortgage interest rate

Economists Don’t Expect Mortgage Interest Rates To Decline Further

Notice how over the past four years, economists have kept saying that they don’t expect mortgage interest rates to decline further. And then the mortgage interest rate keeps going down. Economists are now saying that our record lows are not … Continue reading

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Federal Reserve Aims For Lower Home Mortgage Interest Rates

The Federal Reserve has laid out a plan to swap out about $400 billion of short-term bonds for a similar amount of long-term bonds. This has increased the price of bonds and reduced their yield, leading to lower mortgage interest … Continue reading

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Mortgage Interest Rates Hit 50-Year Low!

Despite these record low mortgage interest rates, why aren’t I making more money with this website? Judging by my advertising revenues, there’s little demand for mortgage customers right now. Lenders aren’t shelling out big backs to advertise. They’re probably keeping … Continue reading

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Most Consumers Confused By Mortgages

Well, of course they are confused. Lenders make money off that confusion. Lenders have little incentive to be clear about mortgage terms and penalties. They profit from having the arcane knowledge. Report: Most Americans are confident with in their knowledge … Continue reading

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Refinance News

Sarah Harlan writes: (NBC)- Despite all the grim economic news of late, a glimmer of hope Friday afternoon. Interest rates dropped below six percent after the Feds committed another half-trillion dollars to buy up mortgage backed securities. Now can really … Continue reading

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Your Mortgage May Be Your Best Investment

Elizabeth Razzi writes: I’m putting whatever extra cash I can find into paying off my mortgage early. The strategy is as old-school as they come, but, lately, these mortgage prepayments have been our household’s highest-performing investment. That’s true even when … Continue reading

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