Total Mortgage Services, a leading mortgage lender and broker, announced today it is expanding its reverse mortgage lending operation. This Reverse Mortgage Program, along with some of its lowest mortgage rates, will help more senior homeowners.
Thirty-Year Fixed Mortgage Rate Hits Record Low; Current 30-Year Fixed Rate is 4.58%, According to Zillow(R) Mortgage Rate Ticker
SEATTLE, June 8 /PRNewswire/ -- The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.58 percent, down nine basis points from 4.67 percent at this same time last week. This is the lowest rate recorded since Zillow Mortgage Marketplace launched in April 2008.
How Are Mortgage Rates Determined?
How mortgage rates are determined and what causes them to move is an absolute mystery to most folks - and those who think they know are usually wrong As a former mortgage banker I can tell you that a lot of people in the mortgage industry can't even give you an accurate answer to that question
