Mortgage rates moved down today by varying amounts depending on the lender. In some cases, lenders weren’t offering much of an improvement over yesterday. Those lenders are more likely to improve.
Stocks were less eager to make new highs and bond yields (a key consideration for mortgage rates) actually moved slightly lower. Taken together, this could be a sign that this week’s small spike in.
· ”While signals from the financial markets are flashing caution signs, the real economy remains on solid ground with steady job growth. which will drive up home sales this summer,” said Freddie Mac’s chief economist.
· Mortgage Rates Move Slightly Lower Ahead Of Three Day Weekend Posted to: Mortgage Rate Watch Friday, August 31, 2012 3:44 PM Forward this email: Send a copy of this story to someone you know that may want to read it. Mortgage rates moved slightly lower today reaching their best levels since early in the month after.
Charting the Rapid Rise in Mortgage Rates. 4.75% Still Best Execution FHA loans allow 100% down payment gifts Down Payment Gifts for FHA Loans: The down payment for an FHA mortgage can be 100% gift funds. This is one of the key benefits to the FHA program. Verification of the source of gift money is not required. However, it is necessary that the gift funds be deposited in the borrower’s bank or savings.