With evidence that Swine Flu ran for the border this past weekend, mortgage rates are improving. Confirmed cases of H1N1 Swine Flu have spread to 5 continents and financial contagion has put markets in Safe Haven mode. “Safe Haven buying” is a market jargon. It describes a common trading pattern…

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Signing mortgage paperwork can be unsettling for people. No matter how many times a person has signed a HUD-1 Settlement Statement in their lifetime, there’s something about that form that mentally makes them drop on the deck and flop like a fish. Settlement statements are confusing, no bones about…

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Are mortgage rates going up? Are mortgage rates going down? I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week’s survey may have your answers. The Bankrate.com survey is for conforming mortgages. It does not apply to FHA mortgages, VA mortgages, jumbo mortgages,…

Read the full post at http://www.themortgagereports.com

The Federal Reserve meets next week for a policy-setting meeting. It’s one of 8 scheduled Fed meetings this year in which the Federal Open Market Committee votes on whether to raise, lower, or leave unchanged the Fed Funds Rate. The Fed Funds Rate is the rate at which banks lend…

Read the full post at http://www.themortgagereports.com

The Federal Reserve meets next week for a policy-setting meeting. It’s one of 8 scheduled Fed meetings this year in which the Federal Open Market Committee votes on whether to raise, lower, or leave unchanged the Fed Funds Rate. The Fed Funds Rate is the rate at which banks lend…

Read the full post at http://www.themortgagereports.com

The Federal Reserve meets next week for a policy-setting meeting. It’s one of 8 scheduled Fed meetings this year in which the Federal Open Market Committee votes on whether to raise, lower, or leave unchanged the Fed Funds Rate. The Fed Funds Rate is the rate at which banks lend…

Read the full post at http://www.themortgagereports.com

Since 2007, foreclosures have dominated national real estate news. You can’t turn on the news or open a paper without seeing at least one foreclosure-related story. But for all of the discussion, even two-and-a-half years after the peak of the housing market, home foreclosures continue to be…

Read the full post at http://www.themortgagereports.com

Since 2007, foreclosures have dominated national real estate news. You can’t turn on the news or open a paper without seeing at least one foreclosure-related story. But for all of the discussion, even two-and-a-half years after the peak of the housing market, home foreclosures continue to be…

Read the full post at http://www.themortgagereports.com

Are mortgage rates going up? Are mortgage rates going down? I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week’s survey may have your answers. The Bankrate.com survey is for conforming mortgages. It does not apply to FHA mortgages, VA mortgages, jumbo mortgages,…

Read the full post at http://www.themortgagereports.com

Mortgage rates are hovering near all-time lows. It’s all over the news and the White House is telling Americans the time may be right to look at refinancing their mortgage. But just because rates are low and the government is developing programs like Making Home Affordable doesn’t mean that the…

Read the full post at http://www.themortgagereports.com