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Results 1 to 5 of 5
  1. 06-05-2005, 12:05 PM #1
    San Diego Real Estate's Avatar
    San Diego Real Estate
    San Diego Real Estate is offline Home Owner
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    Jan 2005
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    536

    Thumbs up Mortgage Rates are still Lower than Last Year!

    Ok Folks...

    Here is some insight on the great Mortgage Rates of today!

    http://moneycentral.msn.com/content/...ra/P120094.asp
    [SIZE=1]San Diego Real Estate - San Diego Homes - San Diego Condos - San Diego Real Estate Agent
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  2. 05-11-2011, 11:29 PM #2
    realestategirl
    realestategirl is offline Condominium
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    Based on my experience, the reason why people are still reluctant to buy houses despite of the bargain basement prices of houses and the low mortgage rates is that it has become extremely difficult to get loans nowadays. Banks now are so extreme with their regulatory terms that it is almost have gone back to the time before the free market.
    First time home buyer, first home loan, buying my first house
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  3. 05-15-2011, 10:31 PM #3
    rentbackadvice
    rentbackadvice is offline Renter
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    Quote Originally Posted by NelsonP01 View Post
    The term of mortgage is an important factor to consider when choosing a mortgage program. The longer the term, the lower will be the payments.
    I agree with above! payments will be as longer as the terms.
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  4. 07-15-2011, 06:41 AM #4
    psyleflockhart
    psyleflockhart is offline Renter
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    That's right. However, even the mortgage is low, if the recession strikes and the homeowner can't pay anymore, the foreclosure risk is still high.
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  5. 02-23-2012, 06:36 AM #5
    WinaltHome
    WinaltHome is offline Condominium
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    Dec 2011
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    Mortgage rate on 2012 will continue to rise, with more foreclosures expected to wave the US housing market.
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