Tag Archives: mortgage rates

How the Velocity of Money Impacts Home Loan Rates

Here’s a great article from Serena Powers:

What is the Velocity of Money
and How Does it Impact Home Loan Rates?
By Serena Powers, Licensed Mortgage Loan Originator 47766
PHH Home Loans

If you’ve been watching the economic news, you’ve … Read more >

Record Low Interest Rates Can Mean Large Long Term Savings

Interest rates continue to hit lows not seen in 40 years.  With interest rates just above 4%, the savings over the course of a 30 year fixed mortgage are remarkable.  Combined with high levels of housing inventory for sale and … Read more >

Lower Interest Rates Can Mean Large Long Term Savings

During the last several months we’ve seen record low interest rates.  With interest rates remaining below 5%, the savings over the course of a 30 year fixed mortgage are remarkable.  Combined with high levels of housing inventory for sale and … Read more >