Personal Finance Blog By MoneyRates - Interest
A new tool to help you take advantage of current mortgage rates
November 3, 2010
A new refinance calculator makes it easier to compare the costs of different refinancing options
Mortgage rates now look like the deal of a lifetime
August 23, 2010
Mortgage rates last week dipped to a new all-time low. In the midst of all the discouraging news about the economy, it's important not to lose sight of what an extraordinary opportunity these mortgage rates are for home buyers and homeowners. According to Freddie Mac's weekly mortgage rate survey, 30-year mortgage rates checked in last [...]
Fate of Adjustable Rate Mortgages Shows a Lesson Learned
August 26, 2009
One of the interesting details about the weeklymortgage data released by the Mortgage Bankers Associaton is the breakdown of the data into different types of mortgage activity. For example, mortgage application activity was up overall this week, but it was led by refinance activity. This suggests that most people taking advantage of low interest rates [...]
