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01/08/2009 - 2:51 PM

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Mortgage Headlines - 1/8/2009 California

Mortgage rates plunge to near record lows
Source: interest.com
Most borrowers with good credit will pay just over 5%

Could Washington push rates even lower?
Source: interest.com
The Treasury Department is considering a plan that would set mortgage rates at 4.5% for at least some borrowers.

5 smart moves to get the best rate
Source: interest.com
Here's what you can do right now to qualify for a cheaper mortgage. And every tenth-of-a-point is worth fighting for.

VA loans are great mortgages
Source: interest.com
If you've served in the military, you can qualify for a good rate even with bad credit and no money for a down payment.

The 6 biggest mortgage mistakes
Source: interest.com
Avoid these pitfalls and you'll save time, money and aggravation

How much house can you afford?
Source: interest.com
Our four simple rules will make sure you can make the monthly payments and weather the recession.

Mortgage Calculators
Can you afford it? These handy, easy-to-use calculators help you calculate the costs and benefits of financing your next home. Try the Monthly Payment Calculator, Discount Point Calculator, Affordability Calculator, and more!

Mortgage Charts and Graphs
Keep track of what's going on now in the Mortgage Industry with charts and graphs charting the course of where today's rates are heading, and where they've been.

Got Bad Credit?
Don't worry, click here to find lenders that will get you a mortgage loan regardless of your credit history.

Home Equity Loan Center
Tap into your homes equity to consolidate your debt, and get cash for what ever you need, the safe way.

Mortgage Basics
Which Mortgage Program is best for you? Find out using this guide to the pros and cons of the popular loan programs of today.

Glossary
Confused by all the terms? This comprehensive teaches you the difference between a COFI and a coffee.


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