What are you looking for? 

Rate going down

Author Message
Icon Mini Profile demoac
demoac


Joined: 09 Dec 2005

Posts: 16
Location: California


1.35 Dollars($)

PostPosted: Thu Feb 23, 2006 3:02 am    Post subject: RE

What do say about the rates this week guys???
 
image
Icon Mini Profile adonis
adonis


Joined: 22 Oct 2005



Posts: 1666
Location: ALASKA


171.25 Dollars($)

PostPosted: Thu Feb 23, 2006 3:13 am    Post subject: RE

To me its towards the downtown. Exclamation

I mean its towards the downward side and it will continue to fall in the next week too.

_________________
Procrastination is the enemy of your financial sucess
 
image
Icon Mini Profile jerry
jerry
Moderator

Joined: 17 Oct 2005



Posts: 1199
Location: MICHIGAN


156.91 Dollars($)

PostPosted: Thu Feb 23, 2006 3:19 am    Post subject: RE

Hi,

I disagree with adonis. I think the rates are on a high. Rates for 30 year fixed rate mortgage has gone upto 6.37 compared to last weeks 6.32. And the rates for 5/1 adjustable rate mortgage has crossed the 6 percent mark 6.02 to be precise.

Thanks,
Jerry
 
image
Icon Mini Profile ckalvesmaki

Community Experts
Community Experts

Joined: 28 Jan 2006

Posts: 378
Location: Dallas


56.65 Dollars($)

PostPosted: Thu Feb 23, 2006 5:54 am    Post subject:

02/22/06, 11:05 AM EST:
10 Year Note: + 8/32 : 4.53%
30 Year Bond: +20/32 : 4.49%



KEY INTEREST RATES
Weekly 02/17/06 02/10/06

6Mo CD 4.90% 4.86%
1Yr T-Bill 4.70% 4.67%
2Yr T-Note 4.69% 4.64%
3Yr T-Note 4.67% 4.61%
5Yr T-Note 4.59% 4.54%
10Yr T-Note 4.59% 4.56%
30Yr T-Bond 4.56% 4.53%

It would appear that rates are indeed higher.

_________________
Cedric Kalvesmaki
***Professional Disclaimer***
While I am a Mortgage Professional, this advice is generic in nature only.

888-383-9019

emails and PMs gladly answered
www.freedommortgagetexas.com

Freedom Mortgage
I live in TX but cover all 50 states
 
image
Icon Mini Profile Samantha
Samantha
Community Mentor
Community Mentor

Joined: 16 Sep 2005

Posts: 1546
Location: MASSACHUSETTS


138.57 Dollars($)

PostPosted: Thu Feb 23, 2006 11:30 am    Post subject:

Hi Demoac,

Welcome again.

There is some difference in opinion, among the experts, regarding the trend in the near future.

Some of them believe that there will be a hike in the mortgage rates over the next 35 to 45 days while others believe that there will be no considerable change in the rates. If there is any change it will be within 2 basis points.

God bless you.

For Mortgagefit,
Samantha
 
image
Icon Mini Profile demoac
demoac


Joined: 09 Dec 2005

Posts: 16
Location: California


1.35 Dollars($)

PostPosted: Fri Mar 03, 2006 4:34 am    Post subject: RE

The rates has gone down for 30-year fixed, but for 15-yr its unchanged this week.

So what to say about it in the upcomming week.

Demoac
 
image
Icon Mini Profile jerry
jerry
Moderator

Joined: 17 Oct 2005



Posts: 1199
Location: MICHIGAN


156.91 Dollars($)

PostPosted: Fri Mar 03, 2006 4:48 am    Post subject: RE:

Hi,

The industry experts believe that the rates are on an upward trend and will remain so, for the next 35 to 45 days.

Thanks,
Jerry
 
image
Icon Mini Profile demoac
demoac


Joined: 09 Dec 2005

Posts: 16
Location: California


1.35 Dollars($)

PostPosted: Fri Mar 17, 2006 3:38 am    Post subject: RE

Hi guys, rate seems to be going down, whats your bet guys ???
 
image
Icon Mini Profile jerry
jerry
Moderator

Joined: 17 Oct 2005



Posts: 1199
Location: MICHIGAN


156.91 Dollars($)

PostPosted: Fri Mar 17, 2006 3:47 am    Post subject: RE:

Hi,

Rates have gone down a bit compared to last week but experts say that the rates will again rise. And rates for short term loan will rise faster than the long term loans.

Thanks,
Jerry
 
image
Icon Mini Profile adonis
adonis


Joined: 22 Oct 2005



Posts: 1666
Location: ALASKA


171.25 Dollars($)

PostPosted: Fri Mar 17, 2006 3:48 am    Post subject: RE

I am betting on going up, not only me but even the market experts saying that.

Lets hope for the best

_________________
Procrastination is the enemy of your financial sucess
 
image
Icon Mini Profile Caron
Caron
Moderator

Joined: 19 Jul 2005

Posts: 1486
Location: florida


251.25 Dollars($)

PostPosted: Fri Mar 17, 2006 3:56 am    Post subject: RE:

Hi Demoac

Yes, the mortgage rates are going down and they are likely to remain so in the coming days. The 30 year Fixed rate loans have dropped from 5.92% to 5.91% while 15 year loans also seem to have dropped down by .01% than previous week. The 5/1ARM rate is however similar to that of next week, that is, 5.64%.

Thanks,
Caron
 
image
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
 Previous  1 2
Page 2 of 2

 
Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool
Mortgage Planner
Simple Budgeting Tool


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit Live Help

Explore the lender near you

Google Map Image

MF Talk

 
About Us  | Contact Us  | Our Blog  | Privacy Policy  | Testimonials  | Website Tools  | RSS Feeds  | Site Map 
We have chosen to apply the Creative Commons Attribution License to all works we publish.
This work is licensed under cc by 2.0