Mortgage rates hit record low- again!!!

According to the Primary Mortgage Market Survey (PMMS) by Freddie Mac, 30-year fixed-rate mortgages (FRM) are down to 4.78 percent for the week ending April 30, 2009, from 4.80 percent last week. The 30-year FRM is now at the same record low set in April 7, 2009, the lowest ever recorded in Freddie Mac’s survey … Continue reading Mortgage rates hit record low- again!!!

Posted in real estate market | Also tagged , , , | Comments closed

What does the “Frannie” Bailout Mean to You?

"Frannie" bailout makes money cheaper, not easier Interest rates already down on takeover By Matt Carter, Monday, September 8, 2008. The government takeover of mortgage financiers Fannie Mae and Freddie Mac could mean lower interest rates for many borrowers but is unlikely to solve one of the biggest problems of the credit crunch: the shrinking … Continue reading What does the “Frannie” Bailout Mean to You?

Posted in Information about Central New Jersey | Also tagged , , , , , | Comments closed
  • Subscribe

    Signup to get Central New Jersey Real Estate and Community News


  • Get Our Latest Listings Before Anyone Else!
    As soon as we list another home for sale, we'll email you. You'll know first.
    Name:
    Email:
  • RSS Options
//nothing to see here