As mortgage rates hover at historical lows, many homeowners are running out to refinance. But is now the right time for you to get a new home loan? Learn how to analyze your mortgage situation so you can decide if refinancing makes sense for you.
Posts Tagged ‘home loan rates’
When Is the Right Time to Refinance?
September 10, 20105 Tips for Shopping for a Home Loan from Our Friends at the Fed
August 3, 2009You heard on the news that rates are at historical lows. Or maybe a friend just got a fantastic deal on a refinance. Whatever the motivation, you’re back in the market for a mortgage. Only, with all the turmoil in the markets and financial industry in the past couple of years, you’re not sure where [...]
Federal Reserve Talks, Mortgage Rates Drop
March 19, 2009Fed decided to keep targeting the Fed funds between 0-.25%. In bigger news, they announced they would spend another $1.2 trillion buying mortgage-backed securities and other debts from Fannie Mae.
New Year Resolution #1: Financial Fitness in 2009
January 7, 2009Worried about the economy? Been hoarding all your pennies lately? You’re not alone. Heck, even the US federal budget is looking a little hefty these days and might topple the scales at nearly $1.2 trillion next year. If you’re not sure where to start, Quizzle has you covered. Take a deep breath and we’ll make [...]
Fed Holds Rate at 2%; Fed Statement Translated
September 17, 2008he 10 brilliant minds who make up the Federal Reserve met yesterday to once again discuss the state of the economy and determine the action needed by them to aid a struggling American economy. For the 2nd time in a row, they chose to keep the Fed funds rate steady at 2%. The following is [...]
Mortgage Rates Predictions & The Economic Crystal Ball
September 3, 2008When people find out I work for Quicken Loans or even in the financial/mortgage industry, they begin to pepper me with questions: should they buy a house (are they ready to?), what do I think their credit score is (Duh. Quizzle knows.), and the most common: where do I think mortgage rates are headed? Honestly, [...]
How Much Debt You Have Affects How Much Home You Can Buy
May 24, 2008By: Christy Brewer Christy Brewer, The DIFF Critic, has been thinking a lot about what goes into each person’s mortgage terms — mortgage rate, payment, how much to borrow. Today she shares what’s on her mind here on the Quizzle blog. Most chatter around getting a mortgage seems to be about your credit score. Your [...]
