How come Fed rate is down and mortgage rate are up?

Mortgage 8 Comments »
elmho01 asked:


Hi
How come Fed rate is down and mortgage rate are up to the roof?
Thanks

Clyde

I heard that Federal lowered mortgage interest rate by 0.5% who are qualified for this benefit?

Mortgage 2 Comments »
goofyjr2004 asked:


I heard a news about Federal goverment lowered mortgage rate by 0.5%, is it true? Who is qualified for this benefit?
We get our loan from a mortgage company.

Kelly

Where can I find the current mortgage rate in Oregon?

Mortgage 9 Comments »
Dwayne asked:


I’m going to refinance my house and I heard from friends that this coming week the mortgage rate will drop a bit.
When I called a broker last week, she said that the lowest mortgage rate was 6.5. But I believe this week will be lower.

My question is does anybody know a good website, free and without signing up, that shows current day to day mortgage rate.
I live in Portland, Oregon.
In your opinion, how would the mortgage rate would be this coming month and beyond.

Thanks

Rachel

Does my mortgage rate go down if interest rates are cut?

Mortgage 6 Comments »
STARYDYNAMO asked:


Sorry to ask the shocking stupid question! I am coming to the end of my mortgage term ( end of September) and am wandering if the mortgage rates will go down (currently for at 6.99%). Do you think it will go down by this time? I am in the UK.

Bradley

What’s currently the best 30 year fixed mortgage rate for someone with good credit?

Mortgage 5 Comments »
inpoetry1 asked:


My credit scores from 3 bureaus average just over 800. I am looking for a house in the Vancouver-WA area. Can anyone advice me on the best source for securing a loan (I plan on putting 20% down; mortgage required ~$250,000) as well as a desired interest rate? Also, is it preferable to wait a few months (i.e. are housing prices likely to drop)? My realter suggest I buy something now since he thinks prices will continue to go up. thanks.

Doris

Is it possible to negotiate my mortgage rate like a credit card rate?

Mortgage 3 Comments »
negotiate_mortgage asked:


My wife and I have a 30 yr. fixed @ 5.75% w/Citimortgage. We not only pay on time, but typically make 3 additional payments/ year. With the loan market being as it is….can you negotiate with your mortgage rate?

Philip

Why do 30 year mortgage rates continue to rise, while the fed continues to lower the fed funds rate?

Mortgage 5 Comments »
thatguy2007 asked:


It seems as though when money is more readily available, the 30 yr mortgage rates should drop.

Raul

I just took out my first mortgage on a home. How long do I have to wait before I can refi for a lower rate?

Mortgage 6 Comments »
Brice asked:


With the average mortgage rates dropping, I am wondering if there is a minimum amount of time you have to pay on your mortgage before you can refinance? 1 year?

Lorraine

How can we lower our mortgage rate?

Mortgage 3 Comments »
Ignacio T asked:


Hi,
I’m wondering what are the options to lowering our mortgage rate. We currently have about a 300,000 dollar loan for our house. However, we have them on two different loans; they’re at 10% and 7% interest. I was wondering what steps we can take to lower these rates. With the economy recessing, it’s becoming harder and harder to pay these bills. I have heard in the news that we can have our mortgage rates lowered up to 5%? Please, if there’s anything we can do, please inform us. Thanks for your help.

Sarah

Can I get a annual mortgage rate in Turkey for sterling lower than 7%?

Mortgage 1 Comment »
tigrrboxer asked:


All reasearch I’ve done via internet and Turkish estate agencies quote really high annual mortgage rates for sterling, more so than Euros. Would it make more sense to buy in Euro? My salary and savings are all in sterling.

Tom