March 1st Best Mortgage Interest Rates and Lock Recommendation
By: Freeman Liz
February 25, 2010
LOCK ALERT *** RATES DOWN BUT SHOULD WORSEN ON SPENDING DATA***
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February 24th Best Mortgage Interest Rates and Lock Recommendation
By: Freeman Liz
February 24, 2010
LOCK ALERT *** RECOVERY STUMBLES, INTEREST RATES IMPROVE ***
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The Future of Fannie and Freddie?
By: Freeman Liz
February 24, 2010
The National Association of Realtors has put together a proposal for converting Fannie Mae and Freddie Mac into government-owned non-profit agencies, a move the industry trade group feels is essential to keeping the lowest mortgage rates available to most American home buyers.
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February 23rd Best Mortgage Interest Rates and Lock Recommendation
By: Freeman Liz
February 23, 2010
LOCK ALERT *** RATES IMPROVE ON HUGE DECLINE IN CONSUMER CONFIDENCE ***
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February 22nd Best Mortgage Interest Rates and Lock Recommendation
By: Freeman Liz
February 22, 2010
LOCK ALERT *** RATES FLAT, NO ECONOMIC DATA TODAY ***
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February 19th Best Mortgage Interest Rates and Lock Recommendation
By: Freeman Liz
February 22, 2010
LOCK ALERT *** RATES CONTINUE TO WORSEN*** The Fed surprised analysts and investors by raising its discount rate, which is what banks pay to borrow directly from the Fed, to 0.75% yesterday. The move is largely symbolic since it doesn;t affect rates paid by consumers, however, the symbolism was not lost on markets -- jittery investors fles fixed income investments on inflationary concerns -- this decreases bond prices and increases mortgage interest rates.
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February 18th Best Mortgage Interest Rates and Lock Recommendation
By: Freeman Liz
February 18, 2010
Program Rate 30 Year FRM 5.01% Worse by .03 15 Year FRM 4.33% Worse by .02 5/1 Year ARM 4.29% Worse by .05 Jumbo 30 Year FRM 6.49% Worse by .03 Here is today's look at best mortgage rates, (which do not include discount points, origination points, or loan level risk based price adjustments) provided by Mortgage News Daily, Freddie Mac, and other sources. Note that Freddie Mac's AVE...
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February 17th Best Mortgage Interest Rates and Lock Recommendation
By: Freeman Liz
February 17, 2010
LOCK ALERT *** RATES UP ON STRONGER ECONOMIC NEWS***
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February 16th Best Mortgage Interest Rates and Lock Recommendation
By: Freeman Liz
February 17, 2010
LOCK ALERT *** RATES IMPROVE SLIGHTLY THIS MORNING***
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Lenders Better at Policing Mortgage Fraud -- Signs to Watch For
By: Freeman Liz
February 15, 2010
Mortgage fraud is any attempt to deceive a party in order to induce participation in a mortgage transaction. And while lender fraud has gotten the bulk of the media coverage, according to the FBI's Web site, the majority of mortgage fraud is perpetrated by borrowers against lenders. However, while government has professed to being very interested in protecting the consumer, it's pretty much leaving it up to the lending institutions to protect themselves. Here's what they look for:
