Mortgage interest rates Archives

by Athena Paquette | November 17, 2022 | Blog | 0 Comments

A mortgage is a loan or debt that is secured by real estate. In some states it is also the word used for the lien that is put on the property to secure the debt. Normally this loan is paid back over a specific time , like 30 years or 15 years, until the entire...

How raising the prime rate makes mortgage rates go down

by Athena Paquette | September 26, 2022 | Blog | 0 Comments

I have talked about this before but I think it is worth revisiting after our talk last week about the prime rate. The Federal Reserve raised the Fed Funds rate (often confused with the prime rate) by 0.75% this week.to 1.75% it was 0.25% a year ago. The highest 1-day...

Mortgage Minute – ARMS and HYBRIDS

by Athena Paquette | September 19, 2022 | Blog | 0 Comments

What do you do when mortgage interest rates jump up 2% in 4 months? Don’t go LONG, go SHORT use a HYBRID ARM loan ARM means adjustable-rate mortgage. But some people are not comfortable with the idea that their mortgage payment and that the interest rate will start...

Mortgage Minute – Adjustable rate mortgages or ARMS

by Athena Paquette | September 12, 2022 | Blog | 0 Comments

When rates go up, we usually see a switch over from the 30 year fixed to ARM loans. Why go LONG at a high rate when you can go short at a lower interest rate and get the upfront savings? People do this to help ease the payment shock of rates going up and to help them...

Why the Fed Didn’t Raise Rates, and…

by Athena Paquette | Feb 26, 2017 | Blog, Home Owners, Investors, Realtors

Another week of a little movement to the bad side and a little movement to the good side of rates leaves us flat… Next week JOBS JOBS JOBS could move rates… Monday was a holiday, so the markets were closed. Tuesday markets were quiet waiting for the Fed meeting...

Economic News: Rates Went Up. Want to Know Why?

by Athena Paquette | Jul 16, 2016 | Blog, Investors

Some slightly good news makes the markets rally. It all started last Friday with a good jobs report that sent the stocks market averages higher, which hurts the bond market’s appeal....

Mortgage Interest Rates for 9.26.14

by Athena Paquette | Sep 26, 2014 | Blog, Realtors

It’s going to be a beautiful weekend here in the South Bay, perfect for buying a home. Remember, we can lock-in over the weekend. Call me directly at 310-218-6855. Your Weekend Rate Sheet: Your buyer’s interest rates can be locked in over the weekend, so if you...

Mortgage Rate Sheet for 9.5.14

by Athena Paquette | Sep 6, 2014 | Blog, Realtors

Economic news: The first Friday of the month we always get the previous month’s employment data. The Federal Reserve is putting a lot of weight on this data in their assessment of the overall economy. Think of it this way: if they don’t feel the employment numbers...

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