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Saturday, November 21, 2009

National Mortgage Rates


30 yr fixed mtg	5.02%
15 yr fixed mtg	4.49%
5/1 jumbo ARM	4.69%

Rate Alerts

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Despite the historic low rates, mortgage applications have plummeted recently. What's the problem?

Extra payments cut mortgage by 12 years -- Diverting extra cash into your mortgage can save tens of thousands of dollars.
Plus: Low ARM rate may turn ugly later Add Alert
Create DIY mortgage payment plan -- If a lender won't agree to a weekly mortgage plan, it's easy to create your own DIY version.
Plus: Husband won't pay fair share of mortgage Add Alert
Rates drop to all-time low -- Mortgage rates dropped to a historic low, but hardly anyone is getting a home loan.
Plus: Weekly look at the status of interest rates Forward

Readers' corner

Q: Are you a first-time homebuyer?

Did you buy a bank-owned property? Did you buy because of the tax credit? We'd like to hear your story.

Share with us today!

INVESTING IN REAL ESTATE

3 ways real estate helps retiree income -- Cash-strapped retirees can use real estate investments to boost income.
Plus: IRA can fund income property purchase Add Alert
10 lethal mistakes for real estate investors -- Experts share their consensus on 10 of the most lethal missteps.
Plus: Is IRA good source of mortgage cash? Add Alert

We want to hear from you!

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