About Government Refinance and Home Purchase Programs

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

On the heels of the recent surprisingly bad U.S. GDP report, mortgage interest rates have been dropping in the last week. That GDP news has driven investors away from stocks and toward bonds which in turn has been compressing the yield on bonds. As of Friday the yield on the 10 year Treasury Note was just a tenth of a percent above its 2014 low. As a result, mortgage interest rates are testing new 2014 lows this week as well.

If you have considered investigating a government backed mortgage, now is a great time to get the ball rolling. Fill in the contact form on your right for guidance on refinances. For help with government backed home purchase programs fill in the contact form on our home purchase page.

Comments (0) Posted by G.R.A. Admin on Saturday, May 3rd, 2014

You can follow any responses to this entry through the magic of "RSS 2.0" and leave a trackback from your own site.

Post A Comment