Today’s Mortgage Rates for September 21, 2011

If you’re looking to save money on your mortgage refinance or home purchase, look no further because Total Mortgage has some of the best mortgage rates that are available anywhere.  Interest rates are at record lows, and we might be able to save you money on your fixed, adjustable, jumbo, or FHA loan.  For the past fourteen years we have helped thousands of responsible people with their homeownership needs.  Our commitment to excellence has allowed us to be named one of the fastest growing financial institutions in the United States by Inc. 500 for two consecutive years. To get pre-approved for a loan, or to speak with one of our licensed loan officers about our products, call us today at 877-868-2503.     

Some of Our Rates and Products*:

***Mortgage are always changing.  The below rates were quoted at 1:05 P.M., on September 21, 2011.  Call 877-868-2503 for more details.***

More info and links after the jump.

Today’s Links:

Bloomberg: There’s not much the Fed can do to help the housing market.  Unless the Fed is hiring about seven million people.  That would help.

NY Times: Congressional Republicans are urging the Fed to take no further stimulus action.  This of course ignores empirical evidence that austerity just isn’t working.

Financial Times: Merkel seeks to quash speculation that a Greek default is imminent.  And if you believe that, I have a Parthenon for sale.  Yesterday the yield on Greek 2-year bonds is now around 64.2%, while Greek 1-year bonds is at 130%.

Wall Street Journal: Economists predict home prices to fall through 2015.  This is a simple matter of supply and demand/unemployment.

Calculated Risk: MBA survey shows refinance applications rising, purchase applications falling while rates hit record lows.

Adam Levitin: Why Fannie and Freddie should explicitly guarantee mortgages, and price for it.  The Professor consistently has some of the best takes on the housing market.

Barry Ritholtz: Pushing on a string.

Bloomberg: A typhoon is threatening Japan, and will specifically hit Fukushima, the site of this year’s earlier nuclear meltdown.

* All rates shown are for 30 day rate locks. Longer locks are available. The APR for conventional loan amounts is calculated using a loan amount of $417,000, 1 point, a $495 application fee, $400 appraisal fee, $715 underwriting fee and a $16 flood certification fee. The APR for jumbo loan amounts is calculated using a loan amount of $500,000, two points, a $495 application fee, $400 appraisal fee, $715 underwriting fee and a $16 flood certification fee. The APR for FHA loan amounts is calculated using a loan amount of $295,000, two points, a $495 application fee, $450 appraisal fee, $715 underwriting fee and a $16 flood certification fee. Some rates and fees may vary by state. All interest rates listed are for qualified applicants with 720 or higher FICO and 80 LTV and are subject to mortgage approval with full documentation of income. All rates are subject to change without notice.  All rates shown are for 30 day rate locks with 1 point unless otherwise noted.