All Posts in Mortgage Rates

Fed Meetings and their impact on consumers

July 18, 2011

The Federal Reserve released its June 2011 Federal Open Market Committee meeting minutes Tuesday. It contained no surprises and, as such, mortgage rates in Pennsylvania and New Jersey have idled in the hours since. The Fed Minutes is published 8 times annually, three weeks after each scheduled Federal Open Market Committee meeting. It’s the official log […]

Heading for another Refi Boom?

June 14, 2011

Mortgage rates are falling, falling, falling. On a wave of uncertainty about Greece and its debt; and weaker-than-expected economic data at home, conforming 30-year fixed rate mortgage rates have fallen to levels not seen since December 2, 2010. Mortgage rates have dropped 8 weeks in a row. Not even last year’s Refi Boom produced an […]

“No closing costs loans” explained

May 9, 2011

  Did you know that one of the popular loans right now is the 30 year fixed “no closing costs loan“. Some lenders want you to think it’s a magic trick. Today I’m going to reveal to you how it’s done. Here’s how it works. The loans come at a slightly higher interest rate and […]

How Recent Market Changes Can Affect You

May 17, 2009

As the Real Estate and financial markets continue to move up and down, mortgage rates can also be affected. Since mortgage rates are more closely tied to the bond markets, an up or down move in the stock market may not have the result in mortgage rates that one might expects. In fact, many times […]