Refinance Mortgage HQ » Rates http://www.ccnation.com Information on Refinancing Mortgages Fri, 24 Jul 2009 23:02:16 +0000 http://wordpress.org/?v=2.8.3 en hourly 1 30 Year Fixed Mortgage Rate at 5.59% http://www.ccnation.com/30-year-fixed-mortgage-rate-at-5-59/ http://www.ccnation.com/30-year-fixed-mortgage-rate-at-5-59/#comments Fri, 10 Jul 2009 07:33:21 +0000 admin http://www.ccnation.com/?p=202 The 30 year fixed mortgage rate dropped to 5.59% according to Bankrate.

http://www.marketwatch.com/story/30-year-fixed-mortgages-fall-to-559-bankrate-200979735110

]]> http://www.ccnation.com/30-year-fixed-mortgage-rate-at-5-59/feed/ 0 Mortgage Rates Up as Treasury Yields Increase http://www.ccnation.com/mortgage-rates-up-as-treasury-yields-increase/ http://www.ccnation.com/mortgage-rates-up-as-treasury-yields-increase/#comments Tue, 07 Jul 2009 16:28:37 +0000 admin http://www.ccnation.com/?p=50 With treasury yields increasing, the refinancing boom is not going to happen. Home prices continue to fall, and expected to level off in 2010.

When prices are dropping, few people are willing to spend $1.00 and end up with $0.90 in a few months.

http://online.wsj.com/article/BT-CO-20090622-711486.html

]]> http://www.ccnation.com/mortgage-rates-up-as-treasury-yields-increase/feed/ 0 Mortgage Rates at 5%, Not Jumbos http://www.ccnation.com/mortgage-rates-at-5-not-jumbos/ http://www.ccnation.com/mortgage-rates-at-5-not-jumbos/#comments Tue, 07 Jul 2009 03:47:00 +0000 admin http://www.ccnation.com/?p=23 Mortgage rates have improved to the low 5% range to help jump start the refinancing and housing markets.  However, jumbo loans are 2% higher because of the higher risk. Underwriters are fearful of approving jumbo loans at the risk of losing their jobs.

http://www.examiner.com/x-15861-LA-Mortgage-Industry-Examiner~y2009m7d6-Mortgage-Rate-News-Mortgage-Rates-Improve-but-Underwriters-are-Scared-to-Approve-Jumbo-Mortgages

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