Keyword: mortgage rates

Mortgage rates below historic four point mark again – will this last?

Mortgage rates below historic four point mark again – will this last?

Record lows this week Just as we saw over Thanksgiving, mortgage rates have dropped below the historic four point mark again, according to Freddie Mac’s weekly mortgage rate survey which cites the average rate on a 30-year fixed rate mortgage currently at 3.94 percent. The survey notes that the 15 year fixed rate mortgage rate hit a new record low ...

Tara Steele | 2011/12/15  | 25 Comments Mortgage

AgentGenius columnist discusses mortgage rates on CNBC

AgentGenius columnist discusses mortgage rates on CNBC

AgentGenius columnist, Fred Glick is a regular contributor at CNBC and his most recent appearance is one that we feel is necessary for agents to watch and fully comprehend. We recommend watching the full segment, but if you’re short on time, Fred’s segment starts at around 2:20. Tell us in comments if you agree or disagree with Fred’s assessment.

Lani Rosales | 2010/08/16  | 13 Comments News

Bernanke Named Person of the Year, Keeps Rates Low- So?

Bernanke Named Person of the Year, Keeps Rates Low- So?

Time Mag’s Person of the Year The Federal Reserve Chairman, Ben Bernanke was named today as Time Magazine’s Person of the Year. Time describes him as “not… a typical Beltway power broker. He’s shy. He doesn’t do the D.C. dinner-party circuit; he prefers to eat at home with his wife, who still makes him do the dishes and take out ...

Lani Rosales | 2009/12/17  | 5 Comments Economy

What If Consumers Had Complete Access To…

What If Consumers Had Complete Access To…

Wholesale Rates What if a consumer could log on to an agent’s website, enter their anonymous financial credit and property information and instantly obtain their wholesale direct interest rates? Hidden Lender Commissions What if in the same process of obtaining that wholesale interest rate, the buyer also learned about the incentive lenders have to charge them a higher interest rate? ...

Benn Rosales | 2008/07/15  | 37 Comments Economy

Gas Prices Bite (Soon Rates Will Too!)

Gas Prices Bite (Soon Rates Will Too!)

Lock and load guys. If you’re in the market for a home purchase and are going back and forth with various brokers on rates and such, time is not on your side. This is no time to mess around with too many rate quotes over an extended period of time. Rates are on the up swing and I promise you ...

Shailesh Ghimire | 2008/06/09  | 7 Comments Economy