How Interest Rate Affects the Purchasing Power of Buying A Home
If you locked in your interest rate on a home this past week, congratulations! The Indianapolis real estate market may not find better interest rates than we have right now.
The current mortgage rates make buying a home in Indianpolis a better ...
Posted by Paula Henry on August 24, 2011 in Buyer Resources
Why The Government's Takeover Of Fannie Mae and Freddie Mac Is Lowering Mortgage Rates
When comparing two investments with equal risk, a rational person will choose the investment with a higher rate of return. This behavior is called Risk Aversion and is a basic tenet of personal investing. An off-shoot of Risk Aversion is ...
Posted by Paula Henry on September 9, 2008 in Mortgage News and Info
How Labor Day Weekend Can Impact Home Affordability
As we get closer to Labor Day, volume on Wall Street is dwindling as market players get a head start on their long weekend. Today could be a difficult day to shop for mortgage rates and that can impact home affordabilility. Expect ...
Posted by Paula Henry on September 1, 2008 in Mortgage News and Info
The 'Sheep Effect' On Your Housing Payment
A noon-hour, mortgage-bond rally rendered homes more affordable for Americans Tuesday. It was the second straight day on which this happened. On both days, the action was swift.
The speed at which Monday's and Tuesday's respective rallies tore ...
Posted by Paula Henry on July 8, 2008 in Mortgage News and Info
Are Sub-Prime Mortgage Problems Finally A Thing Of The Past?
In the summer of 2005, sub-prime mortgage lending was at its peak. Rates were relatively low and lending guidelines were relatively loose. At the time, the 'standard' sub-prime mortgage product was the 3/27 ARM. The 3/27 had a few basic ...
Posted by Paula Henry on July 2, 2008 in Mortgage News and Info