My sister has an adjustable rate mortgage. Over the past year her mortgage payments have gone up several times. Now her monthly mortgage payment is $2,235 for a 2000 sq ft home in a nice area. No new construction has gone up..so I dont understand… I was under the impression if you paid your bills [...]

I live in Raleigh, NC . I’m wanting to buy a house some time this summer. I have a FICO score of 700+. I’m looking for 170K to 200K house with a 5% downpayment. what kind of interest rate can I expect for a standard 30 year fixed mortgage? The mortgage rates right now are [...]

Mortgage rates went back down the 5.5 range this past week. It seems this is a good rate at this time, but really no better than it was about a year ago. Given the economy, I’m hoping they finally decide a viable fix would be to really lower the mortgage rates substantially so that those [...]

(in reference to my question) Short term interest rates only apply to installment loans such as credit cards, but they do not have any impact on mortgage rates because those are determined by Treasure Bond rates or long-term rates. Please do your own research and homework. addthis_url = ‘http%3A%2F%2Fwww.ucufutsal.com%2Fmortgage-rates%2Fcould-it-be-that-short-term-interests-are-used-by-the-greedy-as-an-excuse-to-increase-mortgage-rates’; addthis_title = ‘Could+it+be+that+short+term+interests+are+used+by+the+greedy+as+an+excuse+to+increase+mortgage+rates%3F’; addthis_pub = ”;

Everybody keeps saying that the economy needs a jump start – well, I am certainly willing to do my part and spend more once I have refinanced my current mortgage. However, it seems like the 30 year fixed rates continue to hover around 6-6.25%. Is there any reason to believe that these rates will fall? [...]

I would like to hear your take on why this is happening . For 3 straight weeks, interest rates have been dropping on 30yr mortgages. My rationale : I think they are falling because the mortgage lenders do not have enough demand but an over-abundence of capital from foreign countrys as the USA keeps buying [...]

Our realtor suggested we speak with the woman in her office who does mortgages. Other people are telling me to shop around. How can we do this without it effecting our credit scores? Won’t our scores drop if we apply with several banks and they need to check our information? Also, how do we know [...]

I saw today that my local bank’s 30-year fixed mortgage rate is 5.375%. How much longer will they continue to decline, and how low will they go? I realize that none of you have a crystal ball, but aren’t there companies out there that forcast this type of thing? What are they saying? Let me [...]

Does anyone know where I can find out the current mortgage rate averages for my geographic area? I’m looking at possibly refinancing and want to know if it would be worthwhile. Also, can I expect any costs when trying to refinance? All over ONLINE. The only problem is, that you don’t get that rate until [...]

is there a ripple effect? is there a conversion formula? is the affect on mortgage rates delayed? if so, by how much time? The Fed rate barely touches mortgage rates, if at all. Mortgage rates are much more reliant on the rates of T-bills and similar. The Fed rate affects such things as credit card [...]