Posted To: Mortgage Rate Watch Mortgages Rates are somewhat improved today after holding relatively steady to begin the week. In the underlying markets MBS (the “mortgage-backed-securities” that most directly influence mortgage rates) rose to their best levels since last Thursday after today’s Retail Sales figures showed slower than expected consumer spending. When MBS prices rise, [...]
Posts Tagged ‘Rates’
WFG National Title Insurance Company Selects ClosingCorp to Deliver Accurate Rates
February 14th, 2012
admin ClosingCorp, an independent real estate closing cost data and technology company that develops online data services for mortgage lenders, real estate professionals and consumers, a View full post on real estate – Yahoo! News Search Results Share and Enjoy:
Mortgage Rates Hold Steady To Begin Busy Week
February 13th, 2012
admin Posted To: Mortgage Rate Watch Mortgages Rates held steady over the weekend. In fact, rates were so steady that our measured averages on Friday were the same as today’s reading , which is a fairly uncommon occurrence. Friday had been a fairly stable day, and markets traded in better territory than Thursday. Rates had come [...]
MGIC Cuts M.I. Rates for Higher Credit Scores
February 13th, 2012
admin Borrowers with higher credit scores will now be eligible for lower mortgage insurance premiums at Mortgage Guaranty Insurance Corp. Meanwhile, guidelines have been relaxed for debt-to-income ratios, loan-to-value ratios and second homes. Mortgage insurance rates are being reduced for borrowers whose credit scores are at least 760, according to a bulletin from the Milwaukee-based mortgage [...]
Mortgage Rates Battle Back From The Edge
February 10th, 2012
admin Posted To: Mortgage Rate Watch With yesterday’s increases, Mortgages Rates moved to the edge of their recently long and stable stay at a 3.875% Best-Execution level. While some lenders are still best-priced at 4.0%, the average Best-Execution rate moved back down into 3.875% territory today. Keep in mind that “best-execution” refers to the most ideal [...]
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