Mortgage rate history?

Hi, where do i see last one week of FHA mortgate rate history..I would like to know what was the rate for FHA , 30 yr fixed during last weekend [6/28 and 6/29] anyinput is appreciated


does fha.com have anything or maybe the wall street journal.com

30 fixed mortgage rate history in CA?

Guys,

I am looking to purchase a house in the next 60 days. My loan will be about 400k, my credit is 790, my salary is above the average.

My broker has quoted me around 5.875...He has told me this about 2 months now.


In all probability your mortgage broker has locked you loan interest rate in anticipation that the rate might go up.

It has gone down as you indicated, but this is a gamble that one takes when attempting to help a client out.

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It is very important for all American homeowners to recognize that banks and lending institutions still have the memory of the credit crisis in their mind so they are not willing to offer extremely low rates to bad credit borrowers.  Only the best borrowers of money will have any opportunity to lock in to the lowest rates .  This usually means a significant amount of home equity, a debt to income ratio below 40% and a credit score that is above 740.

Other ways to save money when it comes to locking in to low interest rates is to negotiate lower costs and fees.  By accessing the HUD website most homeowners will find that there are a few steps in the refinance process that will allow them to lower the overall costs.  This could sometimes save hundreds of dollars.

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mortgage rate history|Q&A: 30 fixed mortgage rate history in CA ...

Broker has locked you loan interest rate in anticipation that the rate might go up.

It has gone down as you indicated, but this is a gamble that one takes when attempting to help a client out.

You may take the lock off by telling your mortgage broker that you want to take it off. This is another gamble. Make sure that you see if there are any penalties for taking the lock off your mortgage loan that has been approved.

...

Read more...

mortgage rate history - News


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