About Government Refinance and Home Purchase Programs

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

September wasn’t a stellar month for mortgage interest rates. Rallies in the stock market pushed bond yields higher and mortgage interest rates mirrored that upward trend for most of September. But since stock prices and bond yields peaked in late September, both have been falling quickly over the last week or so. Mortgage interest rates have been dropping over the last week as well. Numerous factors, including an Ebola virus scare in the U.S. have been driving the downward trend.

While stocks falling isn’t good news for everyone, it is good news for anyone looking into a mortgage. Mortgage interest rates have gotten significantly better this week. That means now is an excellent time to look into a government-backed refinance or home purchase program. Contact us in the sidebar for information on a refinance, or if you are considering buying a home fill in the contact form on our home purchase page.

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