Entries from December 2010 ↓

How Does A Rise In Interest Rates Impact Your Buying Power?

Filed Under: Financing Issues | 3 Comments »

If, at the fixed rate shown below, you qualified for a loan amount of: What loan amount would you qualify for based on a higher rate of: 4.50% 5.50% 6.50% (4.665% APR) (5.679% APR) (6.694% APR) $ 200,000 $ 178,411 $ 160,267 $ 300,000 $ 267,705 $ 240,480 $ 400,000 $ 356,822 $ 320,535 $ […]

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Have We Seen the Bottom of Mortgage Interest Rates?

Filed Under: Financing Issues | 1 Comment »

Mortgage Interest Rates on fixed mortgages edged up again this week after hitting their lowest level in several decades last month!  Freddie Mac’s average rate for a 30 year fixed loan rose to 4.46% up from 4.40% last week.  Three weeks ago the rate hit 4.17% the lowest level since 1971. Subscribe to the comments […]

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