Jon Starr's (jonthemortgageguy) Blog

By
Real Estate Mortgage Broker - West Town Savings Bank

ARCHIVED BLOG POSTS

2011 

 I am looking for the markets to give back what they have gained over the past few up sessions. Remember that an up session usually, not always, means Mortgage rate are rising as well Treasuries are rebounding from Monday's losses and the equity rally looks a bit overdone, at least until investor...
Posted over 2 years ago
If you need any advice or help with a Mortgage I am here to help. There are many government programs to help you with a mortgage that may be underwater. (No pun intended for those of us in the Northeast) If a loan can get done I can do it for you. Email me any question you may have, pre-qualifica...
Posted over 2 years ago
How long will mortgage rates stay low?? Anyone? You know as well as I do that no one really has the answer, but if your believe the government they will stay low for the next 2 years, yea right. No one can predict where the economy, both US and World, inflation, rates, and really anything else. I...
Posted over 2 years ago
Hope you had a great weekend and are ready for another stomach turning roller coaster of a week. We could have a great week for the economy or  a wild up and down week lake we had last week. I looked for the experts to give me some direction over the weekend and after reading 6 different articles...
Posted over 2 years ago
OK folks I am now quoting a 30 year fixed at 4% with no points. I am doing refi at 4.25% with no closing cost. Holly cow the rates are so low and looks like it might go even lower. Treasury prices are soaring and equity futures are tumbling and as a major equity sell-off in Europe has crossed the...
Posted over 2 years ago
Are we in for another wild ride this week? Is the volatility over? Only a fool would say yes for certain, but so far, markets are calm. Treasury movements are relatively modest. The two-year yield is one basis point softer at 0.19%, the 10-year yield is two basis points firmer at 2.28%, and the 3...
Posted over 2 years ago
CURRENT MARKET*: The BestExecution 30-year fixed mortgage rate is between 4.000% and 4.250%. Several lenders are willing to offer 4.000%, 4.250% is widely available, and we've actually seen strong 3.875% quotes too. On FHA/VA 30 year fixed BestExecutionis 4.00%. Some lenders are willing to go as ...
Posted over 2 years ago
We experienced some wild price swings today but consumer borrowing costs improved in the end. In many cases those improvements were significant. CURRENT MARKET*: The BestExecution 30-year fixed mortgage rate is between 4.00 and 4.250%. More lenders are willing to offer 4.00% and 4.125% is widely ...
Posted over 2 years ago
  Preparing to Buy a Home   Decision of buying a home is one of the most important decisions of the life-time of an individual.                   Buying a home mainly depends on how prepared you are during the process. A lot of research and thought goes into selecting your home and then purchasin...
Posted over 2 years ago
Best Execution rates based on National Averages. Today's Rates Today Yesterday Change 30 Yr FRM 4.18% 4.23% -0.05 15 Yr FRM 3.60% 3.62% -0.02 FHA 30 Year Fixed 4.00% 4.04% -0.04 Jumbo 30 Year Fixed 4.61% 4.68% -0.07 5/1 Yr ARM 3.18% 3.19% -0.01  
Posted over 2 years ago
Rainer
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Jon Starr

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