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    • todays mortgage rates FAQ

    I had a Mortgage modification a couple of years ago to lower my interest rate?

    May 27, 2011 by sara s | Posted in Renting & Real Estate

    But today still owe more than home is worth.Will a mortgage company take less than what is owed on home to pay off mortgage.With out wrecking your credit rating
    I do not want to sell home only pay it off. I came into a little money but unsure if

    They might allow a short sale if they don't have a choice, but that will do bad things to your credit rating.

    Judy | May 27, 2011

    Nope..not without a foreclosure or short sale in which you lose or sell your house, the bank writes off the remaining debt and you get ruined credit.
    Steve D | May 27, 2011

    tracker mortgage is it a good idea in today climate?

    May 11, 2011 by Phil N | Posted in Renting & Real Estate

    my friend has just been advised to take out a tracker mortgage and he has done so. im a bit confused as to wether i have the correct grasp of what a tracker motgage is so could you explain why would it be a good idea to get a tracker motgage? i dont now

    you will normally get x% over the base rate, it wont be the same at the base rate.

    General rule of thumb would be, if rates are at a record low you want fixed as they can only go up, if they are at record highs get a variable becuase they

    | May 12, 2011

    If the tracker is indeed a 'base rate' one then he may well be getting the best deal.

    'Variable rate' mortgages tend to go up FASTER than the base rate ... and he will have to pay a lot more for a 'fixed rate' one which may well turn out
    Steve B | May 11, 2011

    Buying a House in today's market?

    May 09, 2011 by DwC | Posted in Renting & Real Estate

    I've been looking to buy a home for my family ( 4 children ) for three years. I've seen the interest rates go up and down. I see many website links on yahoo scaring people out of buying. If we get a mortgage that we could afford with any basic job within

    A lot of people these days are choosing to walk away from their homes because their values have dropped and they want to move on. Another large amount of foreclosures are due to people who chose ARM mortgages -- and then were shocked when the payments

    spalmer | May 09, 2011

    Just find a fixed rate within your financial comfort zone. Keep some savings and then you should be good. If you're keeping the place as a long-term investment ( > 10 years) then I think it'll be okay.
    Ming | May 09, 2011

    todays mortgage rates news

    Today's Mortgage Rates: Chase, SunTrust and Wells Fargo Home Purchase Rates ...

    18.05.12

    Mortgage rates edged slightly higher today, but still remained in record-low zone. Some positive economic data got released about the US economy, including the housing starts report of April and the industrial production data from the Federal Reserve amongst others.


    Source: Eastern Morning Herald

    todays mortgage rates about


    Today's Mortgage Rates for 5/15/12
    LoanSafe - May 18, 2012 Today's Mortgage Rates for 5/15/12 To search for the best home loan deals in your area, please use our FREE rate search engine. 30-year fixed loans decreased at Wells Fargo under their home purchase program. At Chase 30-year fixed loans decreased under their home purchase program as

    Zillow: US 30-Year Mortgage Rates Fall For 4th Straight Week
    Wall Street Journal - May 18, 2012 Zillow: US 30-Year Mortgage Rates Fall For 4th Straight Week Zillow Inc. (Z) said Tuesday its real-time measure of 30-year fixed mortgage rates dropped for a fourth week in a row. The 30-year fixed mortgage rate on Zillow's Mortgage Marketplace fell to 3.59%, from 3.65% a week earlier. The rate hovered around

    Today's Mortgage Rates for 5/14/12
    LoanSafe - May 18, 2012 (.org) – According to our daily morning research here on .org, mortgages rates have gone down from last week at the top lenders this Moday morning. To search for the best home loan deals in your area, please use our FREE rate search

    Australia's Weak Sentiment, Wage Growth Spur Rate Bets: Economy
    Bloomberg - May 18, 2012 Australia's Weak Sentiment, Wage Growth Spur Rate Bets: Economy (WBC) and Melbourne Institute survey taken May 7-11 of 1200 consumers showed today in Sydney. The wage price index, which measures hourly pay rates excluding bonuses, advanced 0.9 percent last quarter from the previous three months, when it rose 1

    Consumer Confidence Stalls After RBA Rate Cut
    BusinessWeek - May 18, 2012 Consumer Confidence Stalls After RBA Rate Cut The report reflects mortgage rates falling by an average 37 basis points after the Reserve Bank of Australia this month slashed the overnight cash rate target by half a percentage point to a two-year low of 3.75 percent, Westpac said.