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Category Archives: Mortgage News

Make Your Mortgage Rate Strategy : The Federal Reserve Starts A 2-Day Meeting

The Federal Open Market Committee begins a scheduled, 2-day meeting today, the seventh of its 8 scheduled meetings this year, and the eighth Fed meeting overall. Continue reading

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The Government’s Revamped HARP Program For Underwater Homeowners

The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly called HARP, the Home Affordable Refinance Program is meant to give “underwater homeowners” opportunity to refinance. Continue reading

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Fed Minutes : A Fed Divided Reaches Compromise

Wednesday, the Federal Reserve released the minutes from its 2-day September meeting. The release shows a divided Fed in disagreement about the current U.S. monetary policy. Continue reading

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Should I Refinance My Home?

With mortgage rates at all-time lows, you may be asking “Is now a good time to refinance?”. This short interview from NBC’s The Today Show offers good insight. Continue reading

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Homeowners – As Mortgage Rates Dip, Consider Refinancing

Following the Fed’s announcement last week, the national average rate on a traditional 30 year fixed rate has inched lower from where it was at the start of the quarter. This is a good time for homeowners to take advantage … Continue reading

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Conforming Loan Limits Drop In High-Cost Areas

For homeowners in high-cost areas nationwide, conforming and FHA loan limits have dropped by as much as 14 percent. Continue reading

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