Posts with tag 30-yearFixed

If you think the tiny bump up in interest rates over the last week was bad, wait till you see rates a year from now. No one can predict the future, of course, but there's good reason to think that average interest rates for 30-year home loans will be well above 5 percent or even 6 percent by the end of 2010. The average... Continue Reading »

The epic drama of Wall Street bailouts and Main Street foreclosures riveted the nation in 2009. Meanwhile, financial industry groups and Washington policy advocates have been prepping for the big story of 2010: The fight over the future of Fannie Mae and Freddie Mac -- and with them, the fate of the 30-year, fixed rate... Continue Reading »