Nate Morris's (natemorris) Blog

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Mortgage and Lending - Thomas Mortgage
RECENT BLOG POSTS
The 30-year fixed-rate mortgage averaged 5.19 percent for the week ending Friday December 19th, Freddie Mac reported in its latest weekly rate survey. The 30-year was 28 basis points lower than a week earlier. Freddie said the 30-year is at the lowest level ever since it launched the Primary Mort...
12/23/2008
The 30 year Treasury and the 10 year treasury are only similar to Mortgage Backed Securities in that they are long term fixed rate securities. In this case, where the notes are backed by the Treasury and Mortgage Backed Securities are backed by mortgages. They both work in similar ways as far as ...
11/04/2008
Please don't forget about the $7,500 tax credit given to First Time Home Buyers who purchase a home from April 9, 2008 to July 1, 2009.  Also remember that the government classifies a first time home buyer as anyone who has not owned a home during the past 3 years.  All U.S. citizens who file tax...
10/06/2008
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