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Mortgage Rate Hits 37-Year Low
- Published 12/19/2008
The benchmark 30-year fixed-rate home mortgage in the U.S. fell to a national average of 5.17% this week, the lowest since Freddie Mac began its weekly rate survey in 1971.
With the Federal Reserve cutting its interest rates to near 0% and a continued decline in rates on the long-term Treasury notes that mortgages closely track, rates on other types of mortgages dropped again, though not as much as the 30-year.
"Interest rates for 30-year fixed-rate mortgage rates fell for the seventh consecutive week, moving these rates to the lowest since the survey began in April 1971," said Frank Nothaft, Freddie Mac chief economist. "The decline was supported by the Federal Reserve announcement on Dec. 16, when it cut the federal-funds target to a record low and stated it stood ready to expand its purchases of mortgage-related assets as conditions warrant."
The 30-year mortgage fell for a seventh consecutive week, from 5.47% a week ago. A year ago the 30-year averaged 6.14%.
The 15-year fixed-rate mortgage averaged 4.92%, down from last week when it averaged 5.20%. A year ago the 15-year loan averaged 5.79%. The 15-year mortgage hasn't been lower since April 1, 2004, when it averaged 4.84%.
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Restorative Dentist NYC is there to solve any of your dental issues
- By Brad Taylor
- Published 06/20/2007
- Beauty
- Unrated
A weak dental health can cause many serious issues and ignoring this problem could lead to other major problems. So instead of being laid back it is better that you consult a restorative dentist for any kind of a dental problem and get rid of the problem.
Cricket Image Gallery Helps You Travel Back In Time To Relive The Golden Moments
- By Ella Wilson
- Published 06/20/2007
- Cricket Articles
- Unrated
A cricket image gallery provides the irresistible option of reliving the glorious moments of your favorite game whenever you want and add to your precious collection of cricket memorabilia
How to choose paid directory for web site listing?
- By Megrisoft Team
- Published 02/27/2006
- Link Development
- Unrated
Search Engines are the major source of traffic for any website. High search engine ranking can boost number of your visitors and in turn leads to increase in sales. The best way to get top search engine placement is to improve link popularity by having one way inbound links from theme based sites or pages, with different optimized anchor text, from different IP Class blocks and domains. This can easily be achieved by buying Internet web directory listings. Directory promotion is one of the best methods of website promotion. Before buying directories listing or registeration you must check the following points to ensure that you are going to get what you need.How to make a link page and outbound link structure
- By Megrisoft Team
- Published 11/17/2005
- Link Development
- Unrated
This is a major question, which comes in mind of every SEO, link building company and webmaster's that what kind of link page should be on their site or what is the best way of giving outbound link. Every body need links and to get it one has to give back some thing in return unless your contents are so good that the site is voluntarily linked by others. To give back link you need some link page or some other way of giving outbound links.
Recent Articles
The importance of dog ID tags for your pet
- By Mary black
- Published 08/31/2010
- Pets
- Unrated
Deciding to buy a pet is
an important decision. Much like bringing a new baby home, a pet will impact
the lives of you and your family, and you need to be fully prepared. Once you
have gotten your pet supplies you need to decide on the type of pet tag to buy.
These days it is important to remember that pets get lost, and you need to make
sure that if this does happen, it will return home safely.
A Guide to Choosing the Best Debt Management Company
- By Mary black
- Published 08/31/2010
- Management
- Unrated
Debt management companies can be sorted into two piles straight away; charitable,
public sector types and private sector, fee-paying types. On the one hand, the
free, charitable types may seem more appealing. After all, you don’t have to
pay them to help you. You are given an appointment with someone, be it at the
the Citizens Advice Bureau, National Debtline or the Consumer
Credit How to deal with personal bankruptcy
- By Mary black
- Published 08/27/2010
- Business
- Unrated
Many
people now face the daunting prospect of having to file for bankruptcy.
What
happens when you have to admit to yourself that there is no other
alternative?
Your first thought may be to approach a financial advisor for help, but
even that
may not offer payments low enough to maintain a reasonable standard of
living.
Filing for bankruptcy can be an emotionally draining experience, but
knowing
how to handle it may help prevent you from having to face similar
problems in
the future.
Web Design Northampton
- By Mary black
- Published 08/26/2010
- Web Desinging
- Unrated
Internet services and specialized web design have been out of the
reach of the medium or small business due to financial instability. With
Web Design Websites of Northampton, these small sized businesses are
now able to have the access of such advances in order to expand their
business and gain more and more traffic over their website. Northampton
based SEO websites are specialized in building the efficient websites
along with high quality logo designs and graphics including various
internet services like search engine optimization. It is of no use to
design a website in the most attractive manner possible yet the search
engine ranking is poor!
The debt advice consumers need the most
- By Mary black
- Published 08/26/2010
- Business
- Unrated
Shop
smartly and plan your spending properly. This is the debt advice that
consumers
who find themselves up to their ears in debt need to hear the most.