Mortgage Rates « JimHungerford.com

Mortgage Rates

As expected, the Fed made no changes to the fed funds rate. The FOMC statement confirms the plans to slow down the process of purchasing Mortgage Backed Securities, and in fact the purchase program is expected to be completed by the end of March.

It is felt that this purchase plan has artificially kept mortgage rates roughly 1% lower.

January 27, 2010 - Posted by Jim Hungerford | Mortgage Market Update | Conforming loan limits, credit mortgage, Finance, financing, first time homebuyer, home mortgage, home refinancing, interest rate, interest rates, investment property, Mortage industry, mortgage, mortgage application, mortgage market, Mortgage Rates, new home, oregon, portland

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Jim Hungerford: 971-226-8403
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A mortgage is something that you'll live with for a long time, so you want to make sure that you have the right one. To help you find the right financing, you want an experienced person with connections to competitive rates and a wide range of programs. That would be Jim Hungerford (CELL 971-226-8403), serving California, Oregon and Washington.

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Mortgage Rates

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