Comments on: 30 Year Mortgage Rate Trend & Rate Chasing http://www.phoenixrealestateguy.com/30-year-mortgage-rate-trend-rate-chasing/ Phoenix Real Estate -- Anything and everything about it. Plus random musings... Now with Phoenix area MLS Listings Search! Sat, 21 Nov 2009 05:34:24 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: mortgage_refinance http://www.phoenixrealestateguy.com/30-year-mortgage-rate-trend-rate-chasing/#comment-60677 mortgage_refinance Fri, 20 Nov 2009 08:41:22 +0000 http://www.buygilberthomes.com/?p=127#comment-60677 This is cool! And so interested! Are u have more posts like this? Plese tell me, thanks This is cool! And so interested! Are u have more posts like this? Plese tell me, thanks

]]> By: Mortgage Advice http://www.phoenixrealestateguy.com/30-year-mortgage-rate-trend-rate-chasing/#comment-39981 Mortgage Advice Fri, 19 Sep 2008 08:39:42 +0000 http://www.buygilberthomes.com/?p=127#comment-39981 good post and unfortunately now relative again. we are seeing interest rates of 4.7% in the UK. And now a super bank, not good for mortgages! good post and unfortunately now relative again. we are seeing interest rates of 4.7% in the UK. And now a super bank, not good for mortgages!

]]> By: Brad G http://www.phoenixrealestateguy.com/30-year-mortgage-rate-trend-rate-chasing/#comment-39826 Brad G Sat, 13 Sep 2008 20:44:08 +0000 http://www.buygilberthomes.com/?p=127#comment-39826 You put the whole mortgage rate debacle in perspective. Its never about the interest rate. Is about the program and the affordability of the home. Interest rates are still near historical lows. If people are worried about paying high interest rates then they just need to save up more money as a down payment or pay for the house in cash. You put the whole mortgage rate debacle in perspective. Its never about the interest rate. Is about the program and the affordability of the home. Interest rates are still near historical lows. If people are worried about paying high interest rates then they just need to save up more money as a down payment or pay for the house in cash.

]]> By: Historical Mortgage Rate Trend Charts: Updated through August 2008 | The Phoenix Real Estate Guy http://www.phoenixrealestateguy.com/30-year-mortgage-rate-trend-rate-chasing/#comment-39765 Historical Mortgage Rate Trend Charts: Updated through August 2008 | The Phoenix Real Estate Guy Wed, 10 Sep 2008 21:33:53 +0000 http://www.buygilberthomes.com/?p=127#comment-39765 [...] original incarnation of the 30 year historical mortgage rate trend chart, published two years ago today, is consistently one of the more frequently visited articles on [...] [...] original incarnation of the 30 year historical mortgage rate trend chart, published two years ago today, is consistently one of the more frequently visited articles on [...]

]]> By: Jay - The Phoenix Real Estate Guy http://www.phoenixrealestateguy.com/30-year-mortgage-rate-trend-rate-chasing/#comment-39699 Jay - The Phoenix Real Estate Guy Mon, 08 Sep 2008 23:02:00 +0000 http://www.buygilberthomes.com/?p=127#comment-39699 I forget that I did u[date these through Dec 2007. YOu can see those charts here: http://www.phoenixrealestateguy.com/historical-mortgage-rate-trend-charts/675 Click on a chart for a larger image. I'm still going to update them.... I forget that I did u[date these through Dec 2007. YOu can see those charts here: http://www.phoenixrealestateguy.com/historical-mortgage-rate-trend-charts/675

Click on a chart for a larger image.

I’m still going to update them….

]]> By: Jay - The Phoenix Real Estate Guy http://www.phoenixrealestateguy.com/30-year-mortgage-rate-trend-rate-chasing/#comment-39698 Jay - The Phoenix Real Estate Guy Mon, 08 Sep 2008 22:57:11 +0000 http://www.buygilberthomes.com/?p=127#comment-39698 Terese - I'll try to dig up the chart, this was posted two years ago (which tells me what I really need to do is post an updated chart). The data came straight off of Freddie Mac's website. The Historical data is here: http://www.freddiemac.com/pmms/pmms30.htm I'll try to get it charted and posted ASAP. Terese – I’ll try to dig up the chart, this was posted two years ago (which tells me what I really need to do is post an updated chart).

The data came straight off of Freddie Mac’s website. The Historical data is here: http://www.freddiemac.com/pmms/pmms30.htm

I’ll try to get it charted and posted ASAP.

]]> By: terese http://www.phoenixrealestateguy.com/30-year-mortgage-rate-trend-rate-chasing/#comment-39669 terese Sun, 07 Sep 2008 17:21:15 +0000 http://www.buygilberthomes.com/?p=127#comment-39669 Dear Jay, Please, forward the chart to my email address. I have looked everywhere for a graph depicting the historical trends in mortgage rates. I am a bit confused, however. My husband and I married in 1981 when gold was peaking. We bought our first home January 1984 when mortgage interest rates were at 16% plus. We were fortunate to get a 'First-time Homeowner' loan with a rate of 14.8%. The chart is misleading. It suggests that rates were at 12 to 13% in 1984. That is not true. Nor did they go down to those rates for some time. We would have considered refinancing if they had. We bought our second home in 1991 at a rate of 10.75% (with a substantial down payment). Again, the chart seems to be off... hence, my desire to get a better look. It could be that I am not getting a good reading from such a small image. THANKS for posting the information! With respect, Teresa Dear Jay,
Please, forward the chart to my email address. I have looked everywhere for a graph depicting the historical trends in mortgage rates. I am a bit confused, however. My husband and I married in 1981 when gold was peaking. We bought our first home January 1984 when mortgage interest rates were at 16% plus. We were fortunate to get a ‘First-time Homeowner’ loan with a rate of 14.8%. The chart is misleading. It suggests that rates were at 12 to 13% in 1984. That is not true. Nor did they go down to those rates for some time. We would have considered refinancing if they had. We bought our second home in 1991 at a rate of 10.75% (with a substantial down payment). Again, the chart seems to be off… hence, my desire to get a better look. It could be that I am not getting a good reading from such a small image. THANKS for posting the information!
With respect,
Teresa

]]> By: finance » Blog Archive » Market Summary, 08:54 PM EDT. http://www.phoenixrealestateguy.com/30-year-mortgage-rate-trend-rate-chasing/#comment-39463 finance » Blog Archive » Market Summary, 08:54 PM EDT. Wed, 27 Aug 2008 00:51:44 +0000 http://www.buygilberthomes.com/?p=127#comment-39463 [...] Lewan. Mortgage Ripoffs and Money Savers: An Industry Insider Explains How to Save Thousands on Your Mortgage or Re-Fi. Discover what are the advantages of putting your money in real estate investment [...] [...] Lewan. Mortgage Ripoffs and Money Savers: An Industry Insider Explains How to Save Thousands on Your Mortgage or Re-Fi. Discover what are the advantages of putting your money in real estate investment [...]

]]> By: Patience and Great Marketing in the Slow Times | Real Estate in Richmond Hill, Savannah, Hinesville, and surrounding areas http://www.phoenixrealestateguy.com/30-year-mortgage-rate-trend-rate-chasing/#comment-34861 Patience and Great Marketing in the Slow Times | Real Estate in Richmond Hill, Savannah, Hinesville, and surrounding areas Fri, 04 Jul 2008 18:47:53 +0000 http://www.buygilberthomes.com/?p=127#comment-34861 [...] Depression (extreme, I know), we are still in really good shape. Don’t believe me? Check out Jay’s chart on 30 year mortgage rates - pay particular attention to the late 70’s & earlier [...] [...] Depression (extreme, I know), we are still in really good shape. Don’t believe me? Check out Jay’s chart on 30 year mortgage rates – pay particular attention to the late 70’s & earlier [...]

]]> By: Jayson http://www.phoenixrealestateguy.com/30-year-mortgage-rate-trend-rate-chasing/#comment-23257 Jayson Fri, 18 Jan 2008 21:32:40 +0000 http://www.buygilberthomes.com/?p=127#comment-23257 I definitely agree about interest rates not being anything. A friend of mine wants to refinance their home every time they watch the news and never take the cost of refinancing into consideration. If they don't plan on staying a while and are going to refinance next time they watch the news they'll most likely end up losing money on the deal. I definitely agree about interest rates not being anything. A friend of mine wants to refinance their home every time they watch the news and never take
the cost of refinancing into consideration. If they don’t plan on staying a while and are going to refinance next time they watch the news they’ll most likely end up losing money on the deal.

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