Mortgage Rates

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Why 15-year, fixed-rate mortgage when you can run for 30-year, fixed-rate ?Pay more years later if you want to shorten or payoff the mortgage. I saved $126,000.00 by refinancing from a 30yr to 15 year. Well worth the extra $200.00 a month I pay The judgment to go 15 years is…Why an adjustable mortgage does not adjust downwards after a rate is reduced?The rates on mortages can purloin time to adjust downwards. Some rates are tied to benchmarks that are evaluated as little as twice a year, like January and July, so the rate is set depending on what the rate is…Why an adjustable rate mortgage?why would someone want to pay 800 a month for 3 years then 1200 a month after 3 years? it sounds nuts! whats the dominance of doing that? so they can live in a bigger house right now. Also they might not want to live here long…Why are 30 year fixed mortgage rates going up when the Fed announced a partly percentage cut surrounded by interest rates? Because the Fed. cut the Federal Funds rate and the Discount Rate which do not affect the 30 year morgage rates. They affect the rates at which bank borrow money from the…Why are 30 year fixed mortgage rates increasing so much over former times month?This is puzzling to me considering the economy and people’s need to refinance. You would cogitate that the rates would drop or remain lower in order to instil more buyers to enter the marketplace. So, why have average…Why are 30 year fixed mortgages one penalize next to difficult rates than ARMS?Isnt low rate ARMS partially why we are in this Mortage Crisis to fire up with, yet mortgage lenders are raise the rates on 30 year fixed and once again having low rates for ARMS. I have great credit…Why are APR’s difficult contained by Arms than fixed rate mortgages? Fixed rate are set for a determinable amount of time whereas ARMs are reviewable and adjustable up or down at the bank discretion and it bases this on the cost of money and the Federal Reserve loan rate . that’s odd ……Why are bank within my nouns not offering low interest loans/mortgages if the federal interest rate is 2-3%?That’s the rate the feds charge the bank to borrow money – then they do have to charge extra to money their operating expenses. Right now, until the government programs return with moving,…Why are fixed mortgage rates and adjustable rates different?I just saw that a 30 year fixed mortgage is 6.07% and a 5/1 ARM is 5.91%. What are the reasons why these rates differ by nearly .2%? Because ARM’s attract folks with bad credit by confusing them near this seemingly lower rate. In…Why are Mortgage Default Rates Higher within Heavily Hispanic States instead of IA, WY, SD?The highest default RATES (not out-and-out numbers) are in CA, FL, NV, AZ. Because more associates in those states were unaware enough to take out mortgages that they couldn’t afford. If enjoy no sympathy for people who…Why are mortgage lenders adjectives rates?I’ve noticed that a number of mortgage lenders own cut their rates a number of times this week – Nationwide, Halifax, Bradford & Bingley and RBS. What’s the reason trailing this and will it help in the current crisis? Rates progress up. Rates go down….Why are mortgage loan interest rates highly developed for fixed rate mortgages held for longer period of time?I am sorry if this sounds like a dumb question, but I don’t take in. For example, why are 30 year fixed mortgage rates the highest mortgage rates, vs say a 15, and why are 15…Why are mortgage rates going final up? one reason is stock market is going up. Investors are not inclined to invest in low yield bonds if equities are performing all right. so borrowers have to pay high interest rates on bonds to attract investors. Mortgage rates tend to move in…Why do lenders charge one and the same interest rates for mortgages? Are they required by ruling? Lenders don’t charge the same…We are allowed to charge just something like whatever we want. That is how brokers stay in business, they come to empire like me (Mortgage Banker) and borrow money, they then…Why do MORTGAGE Interest Rates progress up Every time the Fed cuts rates?Why is it that every time the fed cuts, rates for home loans go up? The rates the banks get hold of (“fed” rate) is what the money costs the banks, then into it adjectives their costs/losses (cost of funds) and…Why do mortgage interest rates progress up?Recently in the uk there enjoy been 2 notable rises surrounded by mortgage rates which has resulted in thousands have their homes repossessed…what or who makes the rates rise? The Bank orf England have increased intrest rates & mortgage rates follow these increases. Its a way…Why do MORTGAGE Interest Rates travel up EVERY time the Fed cuts rates?I’ve been watching for a while. In January rates were 5.125%, consequently that day the fed cut and rates go up to 5.5%, in a few minutes. It happens every time the feed cuts rates.it seems if they just…Why do mortgage lenders proposal better rate to independent broker compared to what they submission on the giant street Hello, when a client goes tro see an Independent Mortgage Broker, the broker will first of all do a factfind to find out as much as they can roughly speaking the client. they…Why do Mortgage Lending Companies own a giant turnover rate for organization?I’d also like to know why the companies take so much out within taxes from employees on what they sold. Thank you. Everyone knows what he gets into beforehand signing his work contract. Mortgage companies are a feast or famine business….Why do mortgage rates be in motion UP when Feds cut rates?When the Feds cut rates, short term debt like credit cards and HELOCs budge down. But why do mortgage rates increase? The Federal reserve can only vary the interest rate at which they loan money to other bank as well as…