Category Archives for "Mortgage Information"

Jul 19

How Current Interest Rates Can Have a High Impact on Your Purchasing Power

By Heather Schuck | Homebuyer Resources

EXPLAINED: How high interest rates can have a HIGH impact on your home purchasing power Click to Tweet  According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not […]

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Sep 17

Qualifying for a Mortgage in 2013

By Wendy Papasan | Mortgage Information

From 2002 to 2008, houses were being bought like cars. Mortgages were being approved for people who couldn’t afford the monthly payments. Freddie Mac and Fannie Mae perpetuated the madness by buying the very Mortgage Backed Securities that contained the toxic mortgages they were supposed to protect the public from. As a result, in the […]

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