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Archive for March, 2009

 

Is this a good or bad mortgage rate to have these days?

Monday, March 30th, 2009
Me asked:


I’ve got a 7.125% fixed rate on a 40 year mortgage through BankofAmerica. Home value is about 125,000. I bought it for 109. The mortgage is for 90. Is there anything better out there that I could actually get?

Ella

 

How do I get the lowest mortgage rate?

Saturday, March 28th, 2009
marlasobbing asked:


I’m trying to get a mortgage in Florida. I have a credit score of over 800. Is there a seach engine where I can find what bank has the lowest rate?

Gene

 

Does my mortgage rate go down if interest rates are cut?

Saturday, March 28th, 2009
STARYDYNAMO asked:


Sorry to ask the shocking stupid question! I am coming to the end of my mortgage term ( end of September) and am wandering if the mortgage rates will go down (currently for at 6.99%). Do you think it will go down by this time? I am in the UK.

Anthony

 

Can I get a annual mortgage rate in Turkey for sterling lower than 7%?

Saturday, March 28th, 2009
tigrrboxer asked:


All reasearch I’ve done via internet and Turkish estate agencies quote really high annual mortgage rates for sterling, more so than Euros. Would it make more sense to buy in Euro? My salary and savings are all in sterling.

Larry

 

What is the best Refiance mortgage rate now?

Friday, March 27th, 2009
sweenman85 asked:


I have an “excellent” score. I am looking for the best mortgage rate and least closing fee, who is that?

Lori

 

Is there such a thing as a government mortgage rate?

Wednesday, March 25th, 2009
swtsarina asked:


Countrywide told us that for a 30 year fixed rate for a $417k loan it would be 6% because we work for the government and any mortgage company will offer the same exact rate because it is the “government rate”. Is this correct? I never heard of such a thing.

Keith

 

When do you think the best time is to lock into a mortgage rate?

Sunday, March 22nd, 2009
lynndh5 asked:


With the fed just meeting, should I wait until the end before I lock into a mortgage rate. The current rate quoted for me by my bank is 6.125% with 5% down or 6.375% for 100% financing. This is my first home purchase and I don’t want to do the wrong thing…..

Benjamin

 

what is the difference between mortgage rate and apr?

Sunday, March 22nd, 2009
jsoosik58 asked:


I am considering refinancing and I see a mortgage rate of 5.75% and an apr of 6%

Theresa

 

How will tomorrow’s suspected rate cut affect mortgage rates?

Sunday, March 22nd, 2009
jimbob asked:


I’m on the verge of getting a mortgage and was curious how the rate cut would affect mortgage rates. Is it a direct relationship, like if my rate is 6% today and tomorrow they cut a half point, will tomorrow mortgage rate be 5.5%?

I’m looking to do a 30 year fixed with about 50% down and excellent credit, any idea what kind of rate I should be looking to get?

Any insight you can offer beofre I take the plunge would be great. Thanks.

Viola

 

What affects the 30 year mortgage rate?

Sunday, March 22nd, 2009
BiterChloe asked:


I am doing a regression analysis for a finance class, and I want to look at variables that affect the 30-Year Conventional Mortgage Rate. (eg. 10 yr Treasury note rates).

I just need suggestions on variables that may affect mortgage rates. Thank you!

Tamara

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