Archive for February, 2009
Feds’ mortgage probe targets failed Beechview developer (Pittsburgh Post-Gazette)
It seems as though I find valuable new mortgage information far more often than I ever expected when I started this blog. Let me know if this information was helpful…
The federal government has named former Mt. Lebanon-based developer Bernardo Katz as one of several targets of an investigation into a wide-ranging mortgage fraud […]Latest Mortgage Rates for Your Quote
Pennsylvania Mortgage Rates as of 02/02/2009
Loan Type Today
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30 Year Fixed 5.09%
15 Year Fixed 4.67%
5/1 ARM 5.42%
30 Year Jumbo 6.79%
5/1 ARM Jumbo 5.65%
These rates aren’t quite as low as they were a few years ago, but I really think they’ll be heading down slightly more.
If you’re in an ARM […]Obama to Require Banks Receiving Aid to Boost Lending (Bloomberg via Yahoo! News)
Have you seen the rates lately? I still consider anything under 8-10% to be a bargain. We might not see the 3-4% days for a while, but look back many years and you’ll see 8%, 10%, 12%, and even higher! Here’s some recent information that I found…. Feb. 2 (Bloomberg) — President […]