Friday 8AM 01/22/10 Today’s Current Mortgage Rates Update News

I’m David Beadle. Here’s what’s happening from RateAlertNow.com.

Thirty-year mortgage rates fell for the “second day” in a row on Thursday, after the President said he wanted Congress to “take away” the power of the banks to operate Wall Street hedge funds. The new “initiative” pushed the Dow “down” by over 200 points by the closing bell. Recently, when “stocks” have been heading “sharply lower,” mortgage rates have gone down too.

The national-average 30-year fixed-rate mortgage is now at four-and-seven-eighths percent with one and five-eighths points, down one-quarter of a point from Wednesday, for a savings of $250 on a one-hundred-thousand dollar loan.

The five-and-one-eighth percent rate is now at three-eighths of one point, also down a quarter of a point from Wednesday.

Remember: one point is worth “one percent” of the loan amount. This means “one point” is one-thousand dollars on a one-hundred- thousand dollar loan…and two-thousand dollars on a two-hundred thousand dollar loan.

When it comes to a two-point loan, that represents two percent of the loan amount. This means “two points” is two-thousand dollars on a one-hundred thousand dollar loan…and four-thousand dollars on a two-hundred thousand dollar loan.

The national-average 15-year fixed-rate mortgage was down as well, with the four-and-a-quarter percent rate now at one-and-A-half points. The four-and-a-half percent rate is now at just one-eighth of one point.

In order for you to know “when” to lock your “floating” fixed-rate
mortgage, you have to have “an Early Warning” system with immediate news on changes in current rates & points +before+ they occur throughout every business day. That’s where my “Rate Alert Now” service becomes essential to your “rate lock” strategy. I’ll tell you via regular e-mail and/or mobile “text messaging” when current rates are about to go up, and if you act quickly, you may be able to reach your local mortgage originator by phone to lock your rate +before+ the mortgage company becomes aware of what’s going on, and changes its rates. The cost of my service is less than one dollar a day.

First-time claims for “state” unemployment benefits rose “sharply” in the most recent week, mostly because the government was “catching up” on counting the claims, which had been filed during the holiday period.

Next week, the “Federal” Reserve will hold another monetary policy meeting, to discuss the economy, and the direction of the short-term interest-rates, which it controls. No change is expected.

That’s what’s happening. I’m David Beadle. For full details on my real-time mortgage rate alert service to help you “beat the system,” visit RateAlertNow.com and check back here later today for my next *free* mortgage rate update.

Thursday 5PM 01/21/10 Today’s Current Mortgage Rates Update News

I’m David Beadle. Here’s what’s happening from RateAlertNow.com.

Thirty-year mortgage rates fell for the “second day” in a row on Thursday, after the President said he wanted Congress to “take away” the power of the banks to operate Wall Street hedge funds. The new “initiative” pushed the Dow “down” by over 200 points by the closing bell. Recently, when “stocks” have been heading “sharply lower,” mortgage rates have gone down too.

The national-average 30-year fixed-rate mortgage is now at four-and-seven-eighths percent with one and five-eighths points, down one-quarter of a point from Wednesday, for a savings of $250 on a one-hundred-thousand dollar loan.

The five-and-one-eighth percent rate is now at three-eighths of one point, also down a quarter of a point from Wednesday.

Remember: one point is worth “one percent” of the loan amount. This means “one point” is one-thousand dollars on a one-hundred- thousand dollar loan…and two-thousand dollars on a two-hundred thousand dollar loan.

When it comes to a two-point loan, that represents two percent of the loan amount. This means “two points” is two-thousand dollars on a one-hundred thousand dollar loan…and four-thousand dollars on a two-hundred thousand dollar loan.

The national-average 15-year fixed-rate mortgage was down as well, with the four-and-a-quarter percent rate now at one-and-A-half points. The four-and-a-half percent rate is now at just one-eighth of one point.

In order for you to know “when” to lock your “floating” fixed-rate
mortgage, you have to have “an Early Warning” system with immediate news on changes in current rates & points +before+ they occur throughout every business day. That’s where my “Rate Alert Now” service becomes essential to your “rate lock” strategy. I’ll tell you via regular e-mail and/or mobile “text messaging” when current rates are about to go up, and if you act quickly, you may be able to reach your local mortgage originator by phone to lock your rate +before+ the mortgage company becomes aware of what’s going on, and changes its rates. The cost of my service is less than one dollar a day.

First-time claims for “state” unemployment benefits rose “sharply” in the most recent week, mostly because the government was “catching up” on counting the claims, which had been filed during the holiday period.

Next week, the “Federal” Reserve will hold another monetary policy meeting, to discuss the economy, and the direction of the short-term interest-rates, which it controls. No change is expected.

That’s what’s happening. I’m David Beadle. For full details on my real-time mortgage rate alert service to help you “beat the system,” visit RateAlertNow.com and check back here on Friday morning for my next *free* mortgage rate update.

Wednesday 8AM 01/20/10 Today’s Current Mortgage Rates Update News

I’m David Beadle. Here’s what’s happening from RateAlertNow.com.

Thirty-year mortgage rates rose, following the three-day weekend, after the Dow Jones Industrial Average surged higher, on the idea that a “special election” in Massachusetts on Tuesday “might” break the filibuster-proof majority of the “Democratic Party” in the U.S. Senate. Wall Street typically dislikes a heavy “regulatory” environment. Recently, rates have tended to move higher when stocks are “rallying.”

The national-average thirty-year fixed-rate mortgage is now at four-and-seven-eighths percent with two points, up one-eighth of a point from last Friday, for an extra cost of $125 on a one-hundred-thousand dollar loan.

The five-and-one-eighth percent rate is now at three-quarters of one point, also up an eighth of a point from Friday.

Remember: one point is worth “one percent” of the loan amount. This means “one point” is one-thousand dollars on a one-hundred- thousand dollar loan…and two-thousand dollars on a two-hundred thousand dollar loan.

When it comes to a two-point loan, that represents two percent of the loan amount. This means “two points” is two-thousand dollars on a one-hundred thousand dollar loan…and four-thousand dollars on a two-hundred thousand dollar loan.

The national-average fifteen-year fixed-rate mortgage was up as well, with the four-and-a-quarter percent rate now at one-and-seven-eighths points. The four-and-a-half percent rate is now at half of one point.

In order for you to know “when” to lock your “floating” fixed-rate
mortgage, you have to have “an Early Warning” system with immediate news on changes in current rates & points +before+ they occur throughout every business day. That’s where my “Rate Alert Now” service becomes essential to your “rate lock” strategy. I’ll tell you via regular e-mail and/or mobile “text messaging” when current rates are about to go up, and if you act quickly, you may be able to reach your local mortgage originator by phone to lock your rate +before+ the mortgage company becomes aware of what’s going on, and changes its rates. The cost of my service is less than one dollar a day.

November foreign investment in U.S. Treasury securities rose by $118 billion from $39 billion a month earlier. Foreigners own more than half of all U.S. Government IOUs. If they stopped buying, American “interest” rates would spike higher. Lower Chinese participation at our “public debt” auctions was offset by stronger Japanese buying.

Today, the government will-report on last month’s “wholesale” prices. No change is expected after a huge increase in October spurred by higher gasoline prices.

That’s what’s happening. I’m David Beadle. For full details on my real-time mortgage rate alert service to help you “beat the system,” visit RateAlertNow.com and check back here later today for my next *free* mortgage rate update.

Tuesday 5PM 01/19/10 Today’s Current Mortgage Rates Update News

I’m David Beadle. Here’s what’s happening from RateAlertNow.com.

Thirty-year mortgage rates rose, following the three-day weekend, after the Dow Jones Industrial Average surged higher, on the idea that a “special election” in Massachusetts on Tuesday “might” break the filibuster-proof majority of the “Democratic Party” in the U.S. Senate. Wall Street typically dislikes a heavy “regulatory” environment. Recently, rates have tended to move higher when stocks are “rallying.”

The national-average thirty-year fixed-rate mortgage is now at four-and-seven-eighths percent with two points, up one-eighth of a point from last Friday, for an extra cost of $125 on a one-hundred-thousand dollar loan.

The five-and-one-eighth percent rate is now at three-quarters of one point, also up an eighth of a point from Friday.

Remember: one point is worth “one percent” of the loan amount. This means “one point” is one-thousand dollars on a one-hundred- thousand dollar loan…and two-thousand dollars on a two-hundred thousand dollar loan.

When it comes to a two-point loan, that represents two percent of the loan amount. This means “two points” is two-thousand dollars on a one-hundred thousand dollar loan…and four-thousand dollars on a two-hundred thousand dollar loan.

The national-average fifteen-year fixed-rate mortgage was up as well, with the four-and-a-quarter percent rate now at one-and-seven-eighths points. The four-and-a-half percent rate is now at half of one point.

In order for you to know “when” to lock your “floating” fixed-rate
mortgage, you have to have “an Early Warning” system with immediate news on changes in current rates & points +before+ they occur throughout every business day. That’s where my “Rate Alert Now” service becomes essential to your “rate lock” strategy. I’ll tell you via regular e-mail and/or mobile “text messaging” when current rates are about to go up, and if you act quickly, you may be able to reach your local mortgage originator by phone to lock your rate +before+ the mortgage company becomes aware of what’s going on, and changes its rates. The cost of my service is less than one dollar a day.

November foreign investment in U.S. Treasury securities rose by $118 billion from $39 billion a month earlier. Foreigners own more than half of all U.S. Government IOUs. If they stopped buying, American “interest” rates would spike higher. Lower Chinese participation at our “public debt” auctions was offset by stronger Japanese buying.

On Wednesday, the government will-report on last month’s “wholesale” prices. No change is expected after a huge increase in October spurred by higher gasoline prices.

That’s what’s happening. I’m David Beadle. For full details on my real-time mortgage rate alert service to help you “beat the system,” visit RateAlertNow.com and check back here on Wednesday morning for my next *free* mortgage rate update.

Tuesday 8AM 01/19/10 Today’s Current Mortgage Rates Update News

I’m David Beadle. Here’s what’s happening from RateAlertNow.com.

Thirty-year mortgage rates moved lower again last week, because investors are becoming increasingly discouraged about the prospects for stronger growth in 2010. When the potential for bad economic news rises, mortgage rates tend to decline. This is because U.S. Treasury and mortgage-backed securities are seen as safer investments when times become tough, due-to-the-fact, that the “federal” government guarantees the I-O-Us will be re-paid at “face value” in the future.

The national-average thirty-year fixed-rate mortgage is now at five percent with one-and-three-eighths points, down “half” a point from a week earlier, for a savings of $500 on a one-hundred-thousand dollar loan.

The five-and-one-eighth percent rate is now at five-eighths of one point, also down “half” a point from January 8th.

Remember: one point is worth “one percent” of the loan amount. This means “one point” is one-thousand dollars on a one-hundred-thousand dollar loan…and two-thousand dollars on a two-hundred thousand dollar loan.

When it comes to a two-point loan, that represents two percent of the loan amount. This means “two points” is two-thousand dollars on a one-hundred thousand dollar loan…and four-thousand dollars on a two-hundred thousand dollar loan.

The national-average fifteen-year fixed-rate mortgage was down three-eighths of one point, with the four-and-three-eighths percent rate now at one-and-one-eighth points. The four-and-five-eighths percent rate is now at zero points.

In order for you to know “when” to lock your “floating” fixed-rate mortgage, you have to have “an Early Warning” system with immediate news on changes in current rates & points +before+ they occur throughout every business day. That’s where my “Rate Alert Now” service becomes essential to your “rate lock” strategy. I’ll tell you via regular e-mail and/or mobile “text messaging” when current rates are about to go up, and if you act quickly, you may be able to reach your local mortgage originator by phone to lock your rate before the mortgage company becomes aware of what’s going on, and changes its rates. The cost of my service is less than one dollar a day.

Wall Street was closed yesterday for the “federal” holiday. Today will feature the “level” of foreign investment in the United States in November, an important indicator of Asian central bank participation in buying U.S. Treasury debt. Tomorrow, the government “will” announce last month’s Wholesale Inflation Level, via the Producer Price Index report. And on Thursday, we will find out “how many people” filed first-time claims for weekly state unemployment benefits.

That’s what’s happening. I’m David Beadle. For full details on my real-time mortgage rate alert service to help you “beat the system,” visit RateAlertNow.com and check back here later today, for my next *free* mortgage rate update.