About Government Refinance and Home Purchase Programs

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

The downward trend in mortgage interest rates that started a few weeks ago has continued unabated. Mortgage interest rates are now at new lows for 2014 and the downturn in the stock market stock market this week has helped that trend. A string of disappointing reports on the state of the U.S. economy has sent stock buyers running into bonds and that retreat by investors has lowered the yields on bonds which in turn is lowering mortgage rates. Mortgage rates are not approaching the all time lows on rates we saw in 2012 yet but this downturn in the market has created some of the lowest rates we have seen in the last 12 months.

If you have considered refinancing your mortgage, contact us right away in the form in the sidebar. Or if you are looking into buying a home contact us in the form on our home purchase page. There is no telling how long this current dip in rates will last so moving quickly is a good idea.

Comments (0) Posted by G.R.A. Admin on Thursday, May 15th, 2014

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