Posted by: admin in Bank Rates on November 8th, 2009

Current mortgage rates are mixed this week over last, both conventional 30 year mortgage rates and 15 year conventional mortgage rates are lower. Fixed jumbo mortgage rates are higher.

The Federal Open Market Committee (FOMC) met last week and decided to keep the federal funds rate in a target range of zero percent to 1/4 percent because there is still “substantial resource slack in the system” which should keep inflation down for now even though the economy expanded by 3.5% in the third quarter of 2009.

Looking for today’s mortgage rates? The best mortgage interest rates can be found in your state by using our mortgage rate tables: Current Mortgage Rates

The Feds has been providing support to mortgage lending and the housing market by purchasing a total of $1.25 trillion of agency mortgage-backed securities. This program has kep

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Posted by: admin in Bank Rates on October 26th, 2009

Current mortgage rates are mixed this week, 30-year conforming fixed mortgage rates are down and 30-year jumbo mortgage rates are higher this week over last.

Today’s conforming fixed 15-year mortgage interest rates are  down and 15 year jumbo home mortgage rates are  higher. 10-year Treasury yields are back above 3.50 percent as of Monday morning, contributing to the slight rise in jumbo rate mortgages and shorter term adjustable rate mortgages. Higher Treasury yields will mean higher mortgage interest rates this coming week.

Looking for mortgage interest rates, including jumbo mortgage rates? Use our bank mortgage rate tables to find the best mortgage rates. Best Mortgage Rates

Low mortgage rates are supporting the housing market. Last week the Na

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