Comments for Home Mortgage Guide

Comment on What is the forecast for mortgage rates? by mchelaid

mchelaid — Wed, 05 Aug 2009 11:56:59 +0000

IMHO:
It should be around 5% or maybe drop to 4.7% by end of Q3 this year on 30 year fixed rate home loan.

regards
http://www.my-mortgage-refinance.com
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Comment on What is the forecast for mortgage rates? by Megan

Megan — Wed, 05 Aug 2009 11:29:59 +0000

I think they are at a verry low low and I would jump on them now while you still can.
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http://www.nationwidemortgagefunding.com

Comment on What is the forecast for mortgage rates? by Klathorn

Klathorn — Wed, 05 Aug 2009 11:03:59 +0000

Up Up Up and away. The Big Government is spending like crazy. There will be a delay but that will force interest rates up in the long run.
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Comment on What is the forecast for mortgage rates? by Ŀëммϊ ;) ωϊηκﯤ

Ŀëммϊ ;) ωϊηκﯤ — Wed, 05 Aug 2009 10:53:59 +0000

It’s pointless to play the mortgage rate game. People can predict what the rates will do, and sometimes they are right. But it’s just that: a game. A gamble. With the economy like this, Convention 30 year fixed mortgage rates SHOULD be down to 3%. But they aren’t. In my recent homebuying experience, banks don’t even want to sell houses. The banks are the problem and will continue to be the problem.

Anyway you can’t predict it. When rates are lower, you lock it in and you go with and. If they go lower than what you refinanced at, then that’s a bummer, but it’s a gamble. You never know…they might go higher. We have a lot of clients that have been waiting for 5 months for rates to go down to 3% like the MEDIA has been speculating they would. So for 5 months they have been paying their mortgage at 6.5% interest instead of just financing at 4.875% like they should have done in the first place.
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Comment on What is the forecast for mortgage rates? by David Z

David Z — Wed, 05 Aug 2009 10:04:59 +0000

unless stock market tanks like it did last winter interest rates will not go much lower.

There is 80% chance we are going higher during next year.

Mortgage rates tend to follow 10 year treasury bond moves. As those rates increase so do mortgage rates.
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Comment on What is the forecast for mortgage rates? by knowitall

knowitall — Wed, 05 Aug 2009 09:31:59 +0000

T h e y a r e g o i n g u p. Slow enough?
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Comment on Can I use my current owned home as collateral on new home mortgage loan? by Martin S

Martin S — Wed, 29 Jul 2009 09:53:59 +0000

I Can Help With Your Mortgage!

I would love to assist you. Email me back, and let’s discuss!

MSmith@PrecisionFundingUSA.com

I am on line now!
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Mortgage Broker

Comment on Can I use my current owned home as collateral on new home mortgage loan? by mortgage underwriter

mortgage underwriter — Wed, 29 Jul 2009 09:25:59 +0000

you would need to refinance and take out cash to purchase the additional property.
i’ve done cross collateral (one deed two properties) but the had to be in the same county, and that bank no longer exists.
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Comment on Can I use my current owned home as collateral on new home mortgage loan? by babygirl_2sweet

babygirl_2sweet — Wed, 29 Jul 2009 08:44:59 +0000

Don’t see why not. Each state has different rules and regulations regarding this particular matter.
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Comment on any special mortgage loans for army reservist who are in iraq? by Caroline

Caroline — Wed, 29 Jul 2009 08:37:59 +0000

Mortgage loan is a term used for the loans secured by a property. Mortgage loans refer to a loan secured by residential property, often for the purpose of securing real estate. Mortgage loans are priced lower than other loan structures because the value of the property risk for the lender.

http://www.worldbestloans.com/Mortgage%20Loan.htm
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