February 4, 2012

Mortgage Rates Fall to 8-Month Low

mortgage rates

U.S mortgage rates for 30-year loans fell to an 8-month low because the nations economic recovery has showed some signs of slowing down and maybe even faltering. The average rate for a 30-year fixed loan dropped to 4.39% this week, which was down from 4.55% last week, according to Freddie Mac. The average 15-year fixed-loan [...]

Subprime Doesn’t Mean Below Prime Rate

For those of you following the mortgage crisis that has enveloped America and the rest of the world you’re probably all talking about those subprime mortgages and the people who have them. Some of you may even know someone who has one and has defaulted on their mortgage causing them to sell far below their [...]