Ready to Get Started? Get a Free Rate Quote Now.

Baltimore mortgage rates stayed flat on Wednesday, following word from the Federal Reserve that officials will leave interest rates alone.

The Fed decided to leave its key interest rate near 0 percent on Tuesday afternoon and stated that interest rates should stay low for the foreseeable future.

Fed officials said that the weakened economy is going to result in “exceptionally low levels of the federal funds rate for an extended period.”

That policy has been in place since March of last year.

Current Baltimore mortgage rates are as follows:

30-Year Fixed: 5.000% with 0 points

15-Year Fixed: 4.375% with 0 points

To start your application, click here to contact me today.

* Rates shown assume a minimum credit score of 740 and a LTV of less than 70%. Adjustments may apply to lower credit scores or to higher LTVs.

Related articles by Zemanta

• Federal Reserve moves signal mortgage rates could ease up to 5.5% (oregonlive.com)
• What’s Next for the Fed and Mortgages? (blogs.wsj.com)
• “Mortgage Rates: Only One Way to Go” and related posts (zerohedge.com)

Ready to Get Started? Get a Free Rate Quote Now.

Baltimore MD Mortgage Rates are holding steady today as most U.S. debt prices are flat as investors look ahead to statements from the Federal Reserve next week.

Investors waiting for any key statements from the Fed at next week’s Federal Open Market Committee (FOMC) meeting, set for March 16.

The verbiage they’ll watch is whether Fed Chairman Ben Bernanke will allude to any policy changes, especially when it comes to timing for a potential increase in interest rates.

In the meantime, investors are likely to have a wait and see attitude.

Current Baltimore MD mortgage rates are as follows:

30-Year Fixed: 5.000% with 0 points

15-Year Fixed: 4.375% with 0 points

To start your application, click here to contact me today.

* Rates shown assume a minimum credit score of 740 and a LTV of less than 70%. Adjustments may apply to lower credit scores or to higher LTVs.

[Source]

Ready to Get Started? Get a Free Rate Quote Now.

Baltimore MD mortgage rates remain the same today as mortgage-backed securities prices were rallying toward the early portion of the day before losing those gains at midday. Most Lenders have left rates unchanged on the day with par still holding near the lows of 2010.

No events were on the economic calendar for today.

Current Baltimore MD mortgage rates are as follows:

30-Year Fixed: 5.000% with 0 points

15-Year Fixed: 4.375% with 0 points

To start your application, click here to contact us today.

* Rates shown assume a minimum credit score of 720 and a LTV of less than 70%. Adjustments may apply to lower credit scores or to higher LTVs.

Related articles by Zemanta

• What are these guys at Barclays thinking? (zillow.com)
• Mortgage Rates Hover Around 5%, For Those Who Can Qualify (blogs.wsj.com)