It has been a while since I last provided an interest rate chart on this blog. Plus I was curious to see what the graph would look like. I knew rates were lower than earlier this year, but it’s always nice to see it plotted out.
As you can see in the chart below, after peaking [...]

Its hard to believe but 2009 is almost half over. So, just out of curiosity I took a look at how interest rates have done for the first half of this year. What becomes apparent as you review these charts is that rates fell for a great portion of the year but have been on [...]

The Federal Open Market Committee met today and decided to keep the Federal Funds Rate between 0% and 0.25%. Below is a quote from a very good analysis on Businessweek:
The FOMC stuck to its target range for the federal funds rate at 0% to 0.25%, and signaled that rates are likely to remain at exceptionally [...]

Hope you’ve been enjoyed the series on loan modifications. This is final (sixth) in a six part series on loan modifications written by Morgan Brown at Blown Mortgage. Please be aware that I can not help you with loan modifications. You should contact your loan servicer or a local mortgage company which specializes in loan [...]

We’re almost there. Wow. This is a long series isn’t it? This is a fifth in a six part series on loan modifications written by Morgan Brown at Blown Mortgage. Please be aware that I can not help you with loan modifications. You should contact your loan servicer or a local mortgage company which specializes [...]

We’re halfway through already and I trust the information has been very useful to you so far. This is a fourth in a six part series on loan modifications written by Morgan Brown at Blown Mortgage. Please be aware that I can not help you with loan modifications. You should contact your loan servicer or [...]

Hope you’ve been enjoying the series on loan modifications. This is a third in a six part series on loan modifications written by Morgan Brown at Blown Mortgage. Please be aware that I can not help you with loan modifications. You should contact your loan servicer or a local mortgage company which specializes in loan [...]

This is a second in a six part series on loan modifications written by Morgan Brown at Blown Mortgage. Please be aware that I can not help you with loan modifications. You should contact your loan servicer or a local mortgage company which specializes in loan modifications if you are seeking assistance. The Arizona Mortgage [...]

Morgan Brown, blogger at Blown Mortgage, has sent me some information on loan modifications which he has kindly indicated can be posted on our blog. Due to the length of the information I will be posting it in a six part series. The information will be posted in its entirety with out any edits. I [...]

I was curious so I plotted how the 30 year fixed mortgage rate has been doing over the past year. I thought I’d share it with you:

Data is from the Freddie Mac weekly primary mortgage market survey.