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Sarah and the Big Home
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PPIA visits the Massive Home
Image by Gerald R. Ford School of Public Policy
Students from the Public Policy and International Affairs (PPIA) summer time institute pay a visit to Michigan Stadium in June 2012. PPIA is an intensive seven-week summer time plan that focuses on preparing students for graduate programs in public policy and international affairs.
Find out more about PPIA: www.fordschool.umich.edu/ppia/
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PPIA visits the Big Property
Image by Gerald R. Ford School of Public Policy
Students from the Public Policy and International Affairs (PPIA) summer institute visit Michigan Stadium in June 2012. PPIA is an intensive seven-week summer program that focuses on preparing students for graduate programs in public policy and international affairs.
Learn much more about PPIA: www.fordschool.umich.edu/ppia/
If you would like to see a lot more houses click here…
HARP Program Change Effective January 1, thumb 2013
The HARP loan program has been very successful for the past year of 2012. After the expansion of the original HARP, the Home Affordable Refinance Program, the elimination of loan to value caps has made it possible for severely underwater homeowners to …
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Mortgage Bonds Slump as Fed's Buying Boost Fades: Credit Markets
Investors speculated the move added to the risks of more refinancing through the federal Home Affordable Refinance Program, or HARP, which helped boost replacement loans by 34 percent to $ 1.75 trillion in 2012, Mortgage Bankers Association estimates …
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Mortgage Rates: Home Sales Up in 2012 While Low Mortgage Rates Remained …
Existing underwater homeowners who have loans that were sold to Fannie Mae or Freddie Mac prior to June 1, 2009 can often refinance through the Home Affordable Refinance Program, also known as HARP 2.0. The HARP loan program does not not …
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?Se rindió homenaje a líder indígena Bartolina Sisa
El presidente en ejercicio Álvaro García Linera dijo que la líder indígena Bartolina Sisa, buy compañera de lucha de Túpac Katari, salió a pelear contra los españoles para que gobierne el pueblo y no una pequeña élite, al señalar que cada 100 años pasa …
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Suasana Kondusif, Aparat Bersihkan Material Sisa Bentrok Sigi
REPUBLIKA.CO.ID, PALU — Aparat kepolisian dibantu pasukan TNI mulai membersihkan material sisa-sisa bentrok antarwarga di Kecamatan Marawola, Kabupaten Sigi, Sulawesi Tengah, Selasa. Aparat keamanan juga mulai membuka jalan yang sempat …
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Sisa Dana Pungutan OJK Harus Dikembalikan Kepada Industri
TRIBUNNEWS.COM, JAKARTA — Sisa dana yang bersumberkan melalui pungutan Otiritas Jasa Keuangan (OJK) bisa dikembalikan kepada industri. Dengan cara ini diharapkan OJK bisa berfungsi maksimal layaknya lembaga pengawasan yang transparan.
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Quicken Loans more than doubles its 2011 record for home loans
"Low interest rates certainly help, hospital but it was no one silver bullet, viagra buy " he said, pharm citing the Home Affordable Refinance Program (HARP) as another business booster with plenty of potential for the coming year. Quicken Loans ranked No. 1 for loan …
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Question by jimbob: How will tomorrow’s suspected rate cut affect mortgage rates?
I’m on the verge of getting a mortgage and was curious how the rate cut would affect mortgage rates. Is it a direct relationship, information pills like if my rate is 6% today and tomorrow they cut a half point, troche will tomorrow mortgage rate be 5.5%?
I’m looking to do a 30 year fixed with about 50% down and excellent credit, price any idea what kind of rate I should be looking to get?
Any insight you can offer beofre I take the plunge would be great. Thanks.
Best answer:
Answer by bkwrm006
The Fed rate is a short term bank loan rate. This does not directly affect Mortgage rates, but inflation does affect mortgage rates.
What do you think? Answer below!
If people are holding their breath waiting for a break in the mortgage rates, they are going to be turning blue.
IF the rates are cut, which the Feds have already said will not be significant (probably 1/4 point), is for the lenders, and not for the consumers.
With lenders facing RECORD forclosures and losses in the BILLIONS, they are not going to bank on recouping their money by underwriting new loans….they aren’t going to pass that savings along, they are going to pocket it to help them recover.
People don’t understand that the rate-cut is to keep foreclosures from blowing up in the 4th and 1st quarter 2008…they are already going to be bad, but they are trying to help people hang on for another year.
Fed rates and mortgage rates are 100% unrrelated.