About Government Refinance and Home Purchase Programs

Information and Updates on Government Mortgage Programs
Filed under Government Mortgage Financing Programs News

Mortgage interest rates temporarily spiked over the 4th of July weekend in reaction to better than expected jobs numbers. Then earlier this week Federal Reserve Chairman Ben Bernanke gave a speech in which he made it clear that the Fed had no intentions of decreasing support of financial markets any time soon. Those comments from Bernanke had a major calming effect on markets and led to an immediate stock market rally combined with a pullback in mortgage rates. With any luck rates will continue to drift lower for the next few weeks. Rates remain quite low by historical measures this summer but probably won’t stay this low for long. Contact us in the sidebar right away to learn more about the available government mortgage programs and to get an estimate.

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