Factors when attaining a Mortgage For many Americans, purchasing a home can be the most expensive decision of their life, and obtaining a mortgage can often be stressful. Research and preparation won’t take all the worry out of applying for a home loan, but it will go a long way toward reducing your anxiety. Here …
The unemployment figures came out with fewer unemployment first time claims. As a result, banks are thinking the economy is getting better and that “Quantitative Easing” will be discontinued soon. If this is the case, The Fed will stop or reduce its purchases of treasuries which will bring the bond yields up and interest rates …
June 7, 2013 Rate APR Points LowerMortgage.Net 3.750% 3.821% .620 Chase 3.875% 4.019% 1.375 Bank of America 4.000% 4.164% .948 Wells Fargo 4.125% 4.252% NA Mortgage rates have been increasing over the past 15 days as a result of news that the Feds may slow they quantitative easing and the increase in the 10 year …