7 Feb 2013 , According to PRWeb

Mortgage interest rates rose significantly in January of 2013 for the first time in years. Attorney David Chang of Chang and Carlin, LLP looks at what this will mean for home-buyers in the coming months.

 

 

 

Not all bond funds are the same

Fixed income bonds range from investment grade to junk and naturally this affects the overall risk profile of the investment or indeed the fund that is selling those bonds. There is no substitute for investors doing their own due diligence on the kind of bonds the fund manager invests in.

 

Not all bond funds are the same

 Mortgage Rates Drop to Record Low
 
 
For the second week in a row, mortgage rates dropped to a new record low.
This morning, Freddie Mac reported 3.31 percent with an average 0.7 point as the average on a 30-year fixed-rate mortgage.
From Freddie Mac vice president and chief economist Frank Nothaft:

Finding the best interest rate for fixed deposit is something that many people are not sure of. There are obviously tons of banks that offer fixed deposits, and their interest rates are all slightly different. Therefore, deciding on the best one is not always easy. Here is what you need to do to find the best.
Decide what your investing strategy will be

Current Mortgage Interest Rates Decline: Citigroup Inc. (NYSE:C)’s Stock Falls On $525,000 Settlement Charges


On September 24, 2012

Current mortgage interest rates were down Monday as money continued to flow into the government safe-havens. JPMorgan Chase & Co. (NYSE:JPM), BofA, PNC Financial Services (NYSE:PNC), and other banks acted in response to the shift in capital markets by reducing their conventional lending rates.

Thursday September 20, 2012

 

Mortgage interest rates declined this week, returning to or beating previous record lows, according to Freddie Mac’s weekly survey. The average rate for a 30-year fixed-rate home loan matched its record low at 3.49 percent, with an average 0.6 point. Last week the average was 3.55 percent, and a year ago it was 4.09 percent.

 

A “fixed-rate mortgage” is the most ordinary and uncomplicated mortgage available to homeowners today. As the name suggests, the interest rate on a fixed mortgage does not change during the entire duration of the loan, which is typically 30 years.

9/10/2012 8:27 PM ET

 

If you want to keep a substantial debt off your credit card, a personal loan may be the answer. Here’s how to pick the right one.

Do you think we have reached our lowest interest rate for mortgages?

Unbelievable! Home buyers must take advantage of these low rates and affordable home prices!

“Mortgage rates slumped to record lows this week, Freddie Mac confirmed Thursday, with lenders on average offering 4.69% on a 30-year fixed-rate loan.

The average rate on the 30-year loan fell from 4.75% last week, dropping below the previous record of 4.71% set in December. As recently as early April, the average was at 5.21%.

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