Home Loan Interest Rates [mortgagegoalrates.blogspot.com]
By decree, by the privately owned Federal Reserve, zero interest rates are here to stay. You do not get to borrow at those rates, only the member banks do. In the latest currency swap (loan) from the Fed to the ECB, European Central Bank, as we noted in previous issues over the last two months, that Europe has been forced to join the Anglo-American system. The system of zero interest rates and the continual creation of money and credit. Due to the Fed's ability to create endless supplies of money and credit it eventually took over the control of ECB and European monetary policy. These policies starkly point out the zero interest rates and monetary policy of endless money creation is the path to be taken probably by all in the system to lesser or greater degrees. That means no savings and that leaves speculation and the purchase of gold and silver related assets. Looking at monetary history we would categorize this poli cy as Neanderthal. The recession/depression that the Fed has been tying to neutralize via zero interest rates and quantitative easing hasn't worked and it won't work. What is worse is the Fed knows it won't work. Greenspan and Bernanke saw 21 years of such policy not work in Japan, yet they learned very little from living history. An example that zero interest rates do not work and render currency meaningless is the housing market. They cannot even lower bank home inventory with 3.8% loans. theinternationalforecaster.com www.infowars.com twitter.com
mortgagegoalrates.blogspot.com A Depressed World Economy is Here To Stay: Bob Chapman Reports 1/3
Average rates on 15-year fixed-rate mortgages have been below 3% since May, leading more borrowers to consider swapping their current home loan for one with a 15-year term. Not only are interest rates on the 15-year mortgage at record lows, but the ... Wanted: A 15-Year Home Loan
Home loan interest rates may be cut in coming months as RBI cuts Interest Rates for the first time in 3 years. Home Loan Interest Rates varies with the RBI Interest Rates. RBI cuts interest rates by 0.50% it means most of the banks cut home loan interest rates. If making a home is your dream and you want to come true dream by taking a home loan then you must think for coming 2 or 3 three months. Home loan interest rates play a big role in taking a home loan. You must do comparison of Home Loan Interest Rates and select the best bank and best timings of home loan, which in other words means selecting the least home loan interest rate and big saving for the years.
Making a home is not an easy task it almost takes half part of life of normal middle class. So you must make strategy for the whole process and prioritize the various steps.
Firstly you have to check your ability to pay the installment, and then choose a some amount which you are comfortable to repay.
To know more about Home Loan Interest Rates, Visit Our Website At: http://www.dialabank.com/
Related Home Loan Interest Rates IssuesQuestion by Koota: What year was it when home interest rates went above 15%? I was wanting to know about what year it was that home loans were going over 15%. I was thinking in the early 1980's when Carter left office as president. Best answer for What year was it when home interest rates went above 15%?:
Answer by Big daddy
most of the 80's from what I understand. I was in a meeting with a guy that was working in the industry in 89, he was quoting rates at 14%, but I was in middle school then
Answer by financing_loans
You are right it was in the 80's. 82-83 When Reagan took office over the next 3 years they went way up. Thats the 15% you are talking about, around 83. Over his 8 years in office they went up but came back down to where they were when he took over. But the high rates were during Reagan not Carter. http://finance.yahoo.com/echarts?s=%5ETNX#chart1:symbol=^tnx;range=my;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined ** update ** Glenn is right, prolly had nothing to do with reagan or carter... these things just go in cycles. Just happend to be during reagans run.
Answer by glenn
1982 was the last year according to this chart. It came close in 1984. Everything comes in cycles. I worked in real estate during this time and still work in real estate. http://www.freddiemac.com/pmms/pmms30.htm
Answer by tkahrs12122
1981, started out at 13% by July was up to 16% and to make matters worse only adjustables were available.
Answer by teee
According the federal reserve: These are the monthly rates for conventional 30 year mortgages: 1971-047.31 1971-057.43 1971-067.53 1971-077.6 1971-087.7 1971-097.69 1971-107.63 1971-117.55 1971-127.48 1972-017.44 1972-027.33 1972-037.3 1972-047.29 1972-057.37 1972-067.37 1972-077.4 1972-087.4 1972-097.42 1972-107.42 1972-117.43 1972-127.44 1973-017.44 1973-027.44 1973-037.46 1973-047.54 1973-057.65 1973-067.73 1973-078.05 1973-088.5 1973-098.82 1973-108.77 1973-118.58 1973-128.54 1974-018.54 1974-028.46 1974-038.41 1974-048.58 1974-058.97 1974-069.09 1974-079.28 1974-089.59 1974-099.96 1974-109.98 1974-119.79 1974-129.62 1975-019.43 1975-029.11 1975-038.9 1975-048.82 1975-058.91 1975-068.89 1975-078.89 1975-088.94 1975-099.13 1975-109.22 1975-119.15 1975-129.1 1976-019.02 1976-028.81 1976-038.76 1976-048.73 1976-058.77 1976-068.85 1976-078.93 1976-089 1976-098.98 1976-108.93 1976-118.81 1976-128.79 1977-018.72 1977-028.67 1977-038.69 1977-048.75 1977-058.82 1977-068.86 1977-078.94 1977-088.94 1977-098.9 1977-108.92 1977-118.92 1977-128.96 1978-019.02 1978-029.16 1978-039.2 1978-049.36 1978-059.58 1978-069.71 1978-079.74 1978-089.79 1978-099.76 1978-109.86 1978-1110.11 1978-1210.35 1979-0110.39 1979-0210.41 1979-0310.43 1979-0410.5 1979-0510.69 1979-0611.04 1979-0711.09 1979-0811.09 1979-0911.3 1979-1011.64 1979-1112.83 1979-1212.9 1980-0112.88 1980-0213.04 1980-0315.28 1980-0416.33 1980-0514.26 1980-0612.71 1980-0712.19 1980-0812.56 1980-0913.2 1980-1013.79 1980-1114.21 1980-1214.79 1981-0114.9 1981-0215.13 1981-0315.4 1981-0415.58 1981-0516.4 1981-0616.7 1981-0716.83 1981-0817.29 1981-0918.16 1981-1018.45 1981-1117.83 1981-1216.92 1982-0117.4 1982-0217.6 1982-0317.16 1982-0416.89 1982-0516.68 1982-0616.7 1982-0716.82 1982-0816.27 1982-0915.43 1982-1014.61 1982-1113.83 1982-1213.62 1983-0113.25 1983-0213.04 1983-0312.8 1983-0412.78 1983-0512.63 1983-0612.87 1983-0713.42 1983-0813.81 1983-0913.73 1983-1013.54 1983-1113.44 1983-1213.42 1984-0113.37 1984-0213.23 1984-0313.39 1984-0413.65 1984-0513.94 1984-0614.42 1984-0714.67 1984-0814.47 1984-0914.35 1984-1014.13 1984-1113.64 1984-1213.18 1985-0113.08 1985-0212.92 1985-0313.17 1985-0413.2 1985-0512.91 1985-0612.22 1985-0712.03 1985-0812.19 1985-0912.19 1985-1012.14 1985-1111.78 1985-1211.26 1986-0110.88 1986-0210.71 1986-0310.08 1986-049.94 1986-0510.14 1986-0610.68 1986-0710.51 1986-0810.2 1986-0910.01 1986-109.97 1986-119.7 1986-129.31 1987-019.2 1987-029.08 1987-039.04 1987-049.83 1987-0510.6 1987-0610.54 1987-0710.28 1987-0810.33 1987-0910.89 1987-1011.26 1987-1110.65 1987-1210.65 1988-0110.43 1988-029.89 1988-039.93 1988-0410.2 1988-0510.46 1988-0610.46 1988-0710.43 1988-0810.6 1988-0910.48 1988-1010.3 1988-1110.27 1988-1210.61 1989-0110.73 1989-0210.65 1989-0311.03 1989-0411.05 1989-0510.77 1989-0610.2 1989-079.88 1989-089.99 1989-0910.13 1989-109.95 1989-119.77 1989-129.74 1990-019.9 1990-0210.2 1990-0310.27 1990-0410.37 1990-0510.48 1990-0610.16 1990-0710.04 1990-0810.1 1990-0910.18 1990-1010.18 1990-1110.01 1990-129.67 1991-019.64 1991-029.37 1991-039.5 1991-049.49 1991-059.47 1991-069.62 1991-079.58 1991-089.24 1991-099.01 1991-108.86 1991-118.71 1991-128.5 1992-018.43 1992-028.76 1992-038.94 1992-048.85 1992-058.67 1992-068.51 1992-078.13 1992-087.98 1992-097.92 1992-108.09 1992-118.31 1992-128.22 1993-018.02 1993-027.68 1993-037.5 1993-047.47 1993-057.47 1993-067.42 1993-077.21 1993-087.11 1993-096.92 1993-106.83 1993-117.16 1993-127.17 1994-017.06 1994-027.15 1994-037.68 1994-048.32 1994-058.6 1994-068.4 1994-078.61 1994-088.51 1994-098.64 1994-108.93 1994-119.17 1994-129.2 1995-019.15 1995-028.83 1995-038.46 1995-048.32 1995-057.96 1995-067.57 1995-077.61 1995-087.86 1995-097.64 1995-107.48 1995-117.38 1995-127.2 1996-017.03 1996-027.08 1996-037.62 1996-047.93 1996-058.07 1996-068.32 1996-078.25 1996-088 1996-098.23 1996-107.92 1996-117.62 1996-127.6 1997-017.82 1997-027.65 1997-037.9 1997-048.14 1997-057.94 1997-067.69 1997-077.5 1997-087.48 1997-097.43 1997-107.29 1997-117.21 1997-127.1 1998-016.99 1998-027.04 1998-037.13 1998-047.14 1998-057.14 1998-067 1998-076.95 1998-086.92 1998-096.72 1998-106.71 1998-116.87 1998-126.72 1999-016.79
Answer by Jennifer S
The Ronald Regan years!!! And, really, interest rates need to go up any time now to stop the inflation but the government can't do it cuz everybody has adjustable rate loans!
