KOBE 24 asked:


Why is it that every time the fed cuts, rates for home loans go up?

Wilton

mama bear27 asked:


I have an adj mortg rate, that’s set to renew in september, and with mortg rates being low right now, could it go lower than it is now? Right now it’s high, and that’s what my mortgage started with…not a low int rate.
one has a ARM(Libor index), and the other is a fixed rate.

Jerrold

Brian B asked:


I’ve been shopping for a low interest rate (30 year fixed). I have excellent credit but it doesn’t seem to help me much when I go into large local banks. It seems like they just run the basic numbers to make sure I qualify for a conforming loan. They then tell me their printed rate on their website. My experience with smaller mortgage companies is that they collect more information and they have quoted lower rates.

Is this typical?

Mathew

Adam asked:


I’m debating to lock in my mortgage today with not so great rates that closed on Friday. Today had a huge stock market rally, do you think the mortgage rates will drop tomorrow?
What I’m debating is should I lock in rates today or wait until tomorrow because of this rally? I know morgage rates are tied to bonds.

Sabrina

brazilnutrhodes asked:


I will be purchasing a house in one year. I believe long term mortgage rates are around their low. I am concerned about where those rates will be a year from now. Is there a way I can agree to borrow from a lender and lock in today’s mortgage rates?

Guadalupe

nmlady20022002 asked:


I am going to re-finance my interest only mortgage and need suggestions on when to lock in an interest rate. How long will they continue to drop?

Tracey

nomethinks asked:


How does that correlation work?

How do mortgage rates respond to the circumstances of Fannie and Freddie?

Willis

Math Help Guy asked:


I saw today that my local bank’s 30-year fixed mortgage rate is 5.375%. How much longer will they continue to decline, and how low will they go?
I realize that none of you have a crystal ball, but aren’t there companies out there that forcast this type of thing? What are they saying?

Lois

Franklin asked:


is there a ripple effect? is there a conversion formula? is the affect on mortgage rates delayed? if so, by how much time?

Allen

askhung asked:


Can an American obtain a mortgage loan from Japan where the mortgage rates are much lower?

Janie