Comments on: Home Mortgage Rates Expected To Drop Below 5% Soon

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are mortgage rates expected to drop? - Dogpile Web Search — Wed, 25 Feb 2009 15:21:43 +0000

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Excite - Search: Will Mortgage Rates Drop Soon — Sat, 31 Jan 2009 18:56:20 +0000

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By: Links - 01.07.09

Links - 01.07.09 — Mon, 26 Jan 2009 22:24:22 +0000

[...] Home Mortgage Rates Expected To Drop Below 5% Soon- Very good news in the form of lower home loan rates is beginning to unfold across the nation. After peaking just above 6% in Spring 2008, rates are currently just above 5% and expected to continue to fall over the weeks ahead. According to The Wall Street Journal (Home-Mortgage Rates’ Next Stop: Below 5%; January 2, 2009, page C2) house moneyrates may fall even further, perhaps as low as 4.5% for a fixed rate thirty year loan. [...]

By: Khay

Khay — Fri, 16 Jan 2009 04:13:16 +0000

I wish I could be able to afford it this year. To have enough money to pay 20-25% down payment and own a house. Thanks for the info. I still have to really work hard.

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Home Mortgage Rates Expected To Drop Below 5% Soon - Mixx — Mon, 05 Jan 2009 20:34:02 +0000

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Home Mortgage Rates Expected To Drop Below 5% Soon : reddit.com — Mon, 05 Jan 2009 20:20:43 +0000

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By: Matthew C. Keegan

Matthew C. Keegan — Mon, 05 Jan 2009 17:47:05 +0000

Good point, Ditech. Coming up with 20% down is a chore for a lot of home buyers, while an FHA loan can get them into a home with a much smaller down payment.

By: Ditech Home Loans

Ditech Home Loans — Mon, 05 Jan 2009 17:44:22 +0000

Potential home buyers may want to research an FHA loan as a viable financing option with less than 20% down payment, because of the higher loan to values, lower credit scores allowed, and low cash reserve requirements.

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