Everything to do with mortgage loans is a hot topic these days. From the three consecutive weeks of lower rates for the 30-year fixed rate mortgage, to the collapse of mortgage companies and the federal stewardship of formerly quasi-public companies Freddie Mac and Fannie Mae, mortgages have gotten almost as much play in the media [...]

Forgive me for being a bit late to post on this topic, but given that the news was announced on New Year’s Eve and I, like most of the western world, was celebrating the coming of 2009 (or, more to the point, a good riddance to 2008), perhaps my tardiness is understandable.
The long and short [...]

The 30-year fixed rate mortgage fell again last week, offering a holiday gift to many would-be homeowners and those suffering with recently-reset ARMs. The new 30-year fixed mortgage rate, as reported by Freddie Mac, dropped to 5.14% last week, from the previous week’s low of 5.19%. That represented the 8th straight week of mortgage rate [...]

I’ve spoken of the massive potential upside to the lower mortgage rates that are being heavily lobbied for by the National Association of Realtors, the National Home Builders Association and by countless other groups. If those and other groups have their way, we’ll be looking at 4.5% 30-Year mortgage rates (or lower) in the near [...]

Mortgage rates dropped again last week, with the 30-Year fixed mortgage rate falling to 5.53% as of last Friday. Call it “good news week” here at the Blevins Wist Maryland real estate blog. Perhaps I just can’t help myself after choosing (or being forced) to write about just about nothing but the bad news that [...]