Home Mortgage Interest Rate on 30 Year Loan is 4.15% | Katonah NY Real Estate

-

Today’s Lowest Mortgage Interest Rates – Refinance 30 Year Fixed Home Loan Rates at 4.15% on November 14, 2010


As November is halfway through mortgage interest rates continue to remain at very low levels with the help of the federal reserve bank. Over the last several months it has been the case that mortgage rates have dropped due to the fact that the federal reserve bank continues to buy treasuries and expand the quantitative easing program. With this being the case today’s lowest mortgage interest rates are around 4.15% for the 30 year fixed mortgage.


When looking at historical trends of overall mortgage rates it is very hard to imagine that refinanced 30 year fixed home loan rates are well below 4.5%. Never in the history of the United States housing market have interest rates stayed so low for such a long period of time. Much of this is due to the fact that the overall economy continues to struggle.


Federal reserve bank chairman Ben Bernanke continues to make the statement that interest rates will stay low until the overall economy begins to recover. This is a double-edged sword as many people want the economy to recover so jobs are available but interest rates will start to move up which means it will be much more difficult to borrow money at cheap rates.

For those Americans who have made very good financial decisions in the past decade the low interest-rate environment has helped them greatly. With the lowest possible mortgage interest rates at 4.15% many Americans have been able to refinance a home loan to a very low rate. Some homeowners have found that they can save hundreds of dollars on a monthly mortgage payment and possibly pay a mortgage off much quicker.

With the advancements of Google and the overall Internet it is quite amazing to see the possibilities when it comes to research. Almost all mortgage lenders throughout the country offer free resources online and it would be wise to take advantage of these resources as refinancing could save money. As with any major financial decision in one’s life it is always important to step back and think about the multiple options.

Home Mortgages

Katonah NY Homes

Katonah Luxury Homes

 

Comments

Post a Comment

Popular posts from this blog

Four Regional Banks Discuss Settlement Over Foreclosures | Waccabuc Real Estate

-
Image
U.S. state attorneys general are pressing four banks to accept a legal settlement over botched foreclosures similar to a deal reached with larger competitors this year, according to three people briefed on the matter. U.S. Bancorp (SFBC) , PNC Financial Services Group (PNC) Inc., SunTrust Banks Inc. (STI) and HSBC Holdings Plc (HSBA) have held talks with state and federal officials who investigated claims that loan servicers mishandled foreclosure documents, according to the people, who spoke on condition of anonymity because the talks are private. U.S. Bancorp Said to Join PNC in Talks on Mortgage Settlement Jeff Kowalsky/Bloomberg Mortgage servicers typically handle billing and collections, as well as foreclosures when borrowers fail to pay. Neil Brazil , a spokesman for HSBC’s North America unit, said in an e-mail that the London-based lender has conducted “preliminary discussions with its bank regulators and other
Read more

Bedford Corners Real Estate by Robert Paul | 3 Perks of Google+ for Doctors: Spend a Little Time, Make Big Online Marketing Gains

-
Image
For doctors trying to reach their patients online, using Google+ can provide surprising marketing benefits that help them be more “findable” on the web. Consider that 44 percent of all Internet users search online to find information about health professionals, and suddenly the importance for doctors of having a good online presence should be more clear. In this article I’ll discuss three reasons why I think that, if you participate in Google+, the newest social network, you can improve the chances your name will come up when prospective patients search for something you’ve written about. If you’re not a doctor but you do know that many prospective clients use the web as a way to find you and your competitors, this article will also be relevant to you. 1. Rise in the Rankings First, participating in Google+ gives doctors an advantage because content you share on Google+ has an “edge” against other stories. That’s right–Google (the search engine) likes stories that’ve gotten sha
Read more