Today's Mortgage Rates
| Rate: |
Today |
+/- |
Last Week |
| 30 yr fixed |
4.79 % |
\/ |
4.90% |
| 15 yr Fixed |
4.47 % |
\/ |
4.59% |
| 5/1 ARM |
4.50 % |
\/ |
4.75% |
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Best Mortgage Rates Stories
What the Fed said: A translation
Here is a translation of the Federal Reserve's surprise rate policy statement....
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When Mortgage Lenders Compete You Save!
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Rates are now as low as 4.6%!
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About Money Enet
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Money Enet is the gateway to the Best Mortgage Rates. With our database of lenders Rates, you can; find a mortgage, repair your credit, get out of debt, find a new insurance policy, get a mortgage rates, get a loan, and even buy a house. Filling out one of our forms is your first step to taking control over your money. Rates. Get a U.S. Mortgage Rate as low as 4.6% today. The Best Mortgage Rates are found right here on Money Enet.com
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Best Mortgage Articles
Fixed Rate Mortgage (FRM) vs. Adjustable Rate Mortgage (ARM)
Fixed Rate Mortgage (FRM) vs. Adjustable Rate Mortgage (ARM) There are many factors to consider when deciding whether to get a Fixed Rate Mortgage (FRM) or an Adjustable Rate Mortgage (ARM). You should try to figure out how long you plan on staying in your home, how the interest rates differ, and how well-protected you are against a sudden rate increase. ARMs usually offer a low introductory rate, in effect for anywhere from 1 month to 10 years. Once the introductory period expires your interest rate will fluctuate. Your interest rate may change every month, every year, every 3 years, or every 5 years, depending on what type of ARM you have. You might find that an ARM suits you if you plan on moving before the introductory period expires, so you can take advantage of the low initial rate. If choose to get an ARM and you plan on keeping your home long...Read On
Alternatives to Traditional Mortgage Options
Alternatives to Traditional Mortgage Options Many people are finding it more difficult to purchase the home they want, due to higher real-estate prices. In response, mortgage lenders have begun offering interesting new alternatives to the traditional mortgage options. While they may help people buy homes they could otherwise not afford, some of these newer home mortgage loans are riskier and more high-maintenance than those previously offered. Herefs a brief overview of some of the more exotic offerings. Interest-only Mortgage: This type of home mortgage loan allows the borrower to pay only the interest accrued during the billing period, resulting in lower payments than a traditional fully-amortized payment schedule. These lower payments are offered for periods of 3, 5, 7, or 10 years, after which the payments become fully amortized and the mont...Read On
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Featured Mortgage Lender
Mortgage Funding US, LLC
Type: Rate:
| 30 yr fixed |
4.99%/1%/5.34% |
| 15 yr Fixed |
4.25%/1%/4.65% |
| 30yr jumbo |
6.375%/1%/6.79% |
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Mortgage Rates News
BofA Unit Gets Green Light for NV Foreclosures
A Nevada restraining order against ReconTrust Company N.A., has been overturned by a federal judge.
ReconTrust is a subsidiary of Bank of America Corp.
The restraining order had halted work on more than 8,900 foreclosures in the state....
Judge Rules for Borrower in Refi Case
A federal judge has ruled that a borrower who lost his home to foreclosure in 2005 is entitled to a trial.
The borrower alleges that his 2001 refinancing loan was mishandled because his first mortgage was never paid off by the bank that gave him a new loan.
His original loan was with Washington Mutual....
Ally Originations Improve
Residential loan production during the last three months of 2010 was 15 percent higher than in the third quarter, Ally Financial Inc. reported.
Compared to a year earlier, volume was up nearly a third.
Full-year 2010 originations at Ally were up 7 percent from 2009....
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