Time To Refinance? Mortgage Rates Down 1.00 Percent Since April

30-year fixed mortgage rates rose last week, marking the first time in a month that rates failed to fall week-to-week. The data sources from Freddie Mac, one of the government’s major mortgage securitizers and a sister entity to Fannie Mae. Each week, Freddie Mac collects mortgage rate data … [Read more...]

The Fed’s June Minutes Keep Mortgage Rates In Rally-Mode

According to Freddie Mac, mortgage rates made new all-time lows this week and the good news is that rates look poised to fall even more. Since the Federal Reserve’s release of its June 2010 meeting minutes Wednesday, mortgage rates are dipping even more and one of the main reasons why is … [Read more...]