BMO Slashes Market-Leading Five Year Mortgage Rate by 20 Bps to 3.59 Per Cent

BMO Slashes Market-Leading Five Year Mortgage Rate by 20 Bps to 3.59 Per Cent
Cut Comes in Advance of Traditional Fall Home-Buying Season

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Personal Finance Daily: The push for a mortgage rate that starts with ’3′

Personal Finance Daily: The push for a mortgage rate that starts with ’3′
Read Amy Hoak’s Home Economics column on what you need to consider before buying into a 15-year mortgage. Also, find out about large U.S. companies’ plans for salary hikes next year (they’ll be higher than this year — maybe), and learn about small-business owners’ growing worries about the future.

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Why It Isn’t Realistic To Be Overly Optimistic About Real Estate Right Now !

After years of hearing how home prices are plummeting and foreclosures are
mounting, consumers want to feel hopeful about the housing market – but
maybe they’re being too optimistic.

In a presentation to the National Association of Real Estate Editors in
Austin, Texas, last week, Stan Humphries, Zillow.com’s chief economist,
pointed to four myths he said consumers are latching on to as they try to
make sense of recent housing statistics.

The four myths:

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Mike and Michiyo of Michigan recently bought a home with Quicken Loans and were very impressed with the ease of using Quicken Loans to get a mortgage. Their mortgage banker was always available to answer any questions and everything went exactly according to schedule. All closing costs were correct and they got a great mortgage rate. They highly recommend Quicken Loans to anyone buying a home or refinancing a mortgage. Read more Quicken Loans reviews at www.quickenloansreviews.com

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