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9 Mortgage Myths To Stop Believing
Buying and financing a new home can be a daunting task and many of us turn to friends and family for advice. But the only experts in the mortgage field….are the experts in the mortgage field! Friends...
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Interest Rates Are Still Low. Or Did They Go Up? Are They Down?
Interest rates rose after the presidential election. The news from the bond market according to MBS Online was “Trump has advocated for greater spending on defense and infrastructure, and at the same...
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No cost refinancing a.k.a. no cost refi
I frequently have people ask me for “one of those no-cost refi’s”. Some people think that mortgage lenders are so hard up for business that they are willing to lose money and simply pay the closing...
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Interest Rates And Your Monthly Mortgage Payment
Many people are very focused on interest rates these days and are wondering where they are headed next and how it may affect their mortgage payment. Interest rates have been historically low for a...
View ArticleBond Market Report
The 10 Year Treasury Bond is at 2.73% so far today. This is slightly higher than the last time I posted 10 Year Treasury Bond data in early January. On 01-03-2019 the 10 Year Treasury Bond was 2.55%....
View ArticleBond Market Report
The 10 Year Treasury Bond is at 2.56% as of last Friday. This is about the same as the last time I posted 10 Year Treasury Bond data in early January. On 01-03-2019 the 10 Year Treasury Bond was...
View ArticleLatest Bond Market Report
The 10 Year Treasury Bond was at 2.08% as of last Friday*. This is the lowest it has been in a long time. QUESTION: But what does this mean for mortgage rates? ANSWER: In general, mortgage rates are...
View ArticleLatest Bond Market Report
The 10 Year Treasury Bond was around 1.8% as of October 28th 2019. The 10 Year Treasury Bond is not a direct correlation to mortgage rates. It is simply good to know historical information on...
View ArticleLatest Bond Market Report
The 10 Year Treasury Bond was at 1.822% on January 10th 2020. It was 1.847% as of October 28th 2019. So you can see that rates have been fairly flat for the last 2+ months. The 10 Year Treasury Bond is...
View ArticleDid The Coronavirus Make Mortgage Rates Go Down? Did the Federal Reserve Just...
Mortgage rates did indeed go down after the Coronavirus spread and financial markets started to panic. But the Coronavirus and mortgage rates aren’t directly connected. People considering a refinance...
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