Saturday, August 29, 2009

2009 and 2010 Mortgage Rate Trends

Economic forecasts from Fannie Mae and the Mortgage Bankers Association published in August 2009 show mortgage rate trends to be higher.

The Fannie Mae rate forecast for 30 year fixed rates show a trend of steady increases from the current quarter through the end of 2010, with an estimated rate of over 6% at that time.


Continue reading about mortgage rate trends

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Monday, August 17, 2009

Current Mortgage Rates

Mortgage rate survey provides current mortgage rates from a selection of banks. A useful tool for a quick online search or to follow daily mortgage rate movements from multiple lenders on a single page.

Current Mortgage Rates

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Tuesday, March 17, 2009

Current Mortgage Rates from National Banks

Because many banks do not publish current mortgage rates online, and those that do may be buried in the search engine results, a new rate survey posts mortgage rates from a selection of national banks on a single page.

The new survey provides an easy way to compare current rates from multiple lending institutions from one location. As this free service continues to expand, it shouldl serve as a useful tool for online mortgage research.

A growing percentage of people are researching mortgages online before making a lending decision. Many of the lending sites found in a search offer to expedite custom mortgage quotes, but first a request must be submitted to have lenders call. The few sites that do post current mortgage rates are mingled online with hundreds of others that don't, which can slow a comparison.

The mortgage rate survey can bridge this information gap to provide potential borrowers and real estate professionals a simple way to check current rates, follow daily rate movements, and find out who offers some of the lowest interest rates.

Mortgage Rate Survey

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