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Written by on April 7th, 2009
Borrowers need to understand though that lending standards have tightened significantly meaning these rates will only be available to those with solid credit profiles. CNN Money noted that the historic average for a 30-year mortgage is ... Read the original post: Mortgage Rates Sink To Record Lows | Brad Garbutt
Written by on April 2nd, 2009
Recently Obama announced his “Making Home Affordable” plan which will allow millions of homeowners the chance to refinance or modify their mortgage into a new 4.5% fixed rate loan. The Government has set aside 75 billion to help ... Ideally , the federal government wants rates to be a fixed ...