Good News For Borrowers

Mortgage Rates Continue to Stay Low

 

A recent article in RealtyTimes reports that “economic data continues to influence investors,” leading mortgage rates to decline again last week.

15-Year Fixed

For borrowers looking to refinance and reduce the term of their current mortgage from 30 to 15 years, this is good news, as  conforming 15-year fixed mortgage rates dropped to 3.375%.  Conforming 30-year fixed mortgage rates have stayed level.

Jumbo 30-Year Fixed

Jumbo 30-year fixed mortgage rates dropped to 4.875%. The industry has noted an increase in the number of jumbo mortgage loans as borrowers take advantage of the low rates. The jumbo conforming loan limit is currently set to drop to original amounts this fall — whether that actually occurs may depend on how many homes return to the jumbo mortgage market.

FreeRateUpdate.com reports that its daily survey of wholesale and direct lenders “show that jumbo 30-year fixed mortgage rates have decreased and are at 5% with 0.7 to 1% origination point… Right now, borrowers interested in these more expensive homes have everything in their favor.”

For more on current mortgage rate news, visit RealtyTimes and FreeRateUpdate.com.

Summer… and the Reading Is Easy

6 Fiction and Children’s Books That Hit More Than One Top 10 List

Summertime is just the right time for reading… it’s hard to beat sitting outside — on your patio, the beach, your lawn, or maybe your local outdoor café — with a tall cold drink and a good book.

But… what to read? What to read? For ideas, there are summer reading lists all over the web — offering recommendations in every category from romance to business, from children to biography.

New Fiction Books

Untold Story by Monica Ali— what if Princess Di faked her own death to make a new life in SmallTown, America? Monica Ali has an answer.

Carte Blanche by Jeffery Deaver– James Bond actually lives more than twice as Deaver, best-selling author and creator of Lincoln Rhyme, spins a new 007 tale.

Before I Go To Sleep by S. J. Watson— in his debut novel, Watson crafts a thriller from aging, memory loss and mental decline. Originally published in the U.K., the U.S. edition is one of the most anticipated books of the summer.

 

New Children’s Books

The Red Pyramid by Rick Riordan — the author of the best-selling Percy Jackson and the Olympians series kicks off his new series with a tale of magic, mythology, adventure, angry gods and a dash of The Parent Trap.

Big Nate: In A Class By Himself by Lincoln Peirce — side-splittingly funny, this book is based on Peirce’s popular comic about Nate Wright and his inevitable greatness, if he does say so himself.

Moon Over Manifest by Clare Vanderpool — winner of the 2011 Newberry Award, this book tells the story of 12 year-old Abilene’s summer in Manifest, Kansas learning about her father’s history and solving a decades-old town mystery with her friends.

For suggestions, programs and contests to get and keep your kids reading this summer go to HotCouponWorld’s Summer Reading Programs for Kids.

For more book recommendations, check out these lists:

• Oprah’s 2011 Summer Reading List
• The Daily Beast Book Beast’s 10 Must-Read Summer Books
• NPR’s Summer Books 2011: The Complete List
• USA Today’s Summer Reads: A Look At The Season’s Hottest New Books
• Amazon.com’s Summer Reading for Kids & Teens

Summer… and the Reading Is Easy

6 Fiction and Children’s Books That Hit More Than One Top 10 List

Summertime is just the right time for reading… it’s hard to beat sitting outside — on your patio, the beach, your lawn, or maybe your local outdoor café — with a tall cold drink and a good book.

But… what to read? What to read? For ideas, there are summer reading lists all over the web — offering recommendations in every category from romance to business, from children to biography.

New Fiction Books

Untold Story by Monica Ali— what if Princess Di faked her own death to make a new life in SmallTown, America? Monica Ali has an answer.

Carte Blanche by Jeffery Deaver– James Bond actually lives more than twice as Deaver, best-selling author and creator of Lincoln Rhyme, spins a new 007 tale.

Before I Go To Sleep by S. J. Watson— in his debut novel, Watson crafts a thriller from aging, memory loss and mental decline. Originally published in the U.K., the U.S. edition is one of the most anticipated books of the summer.

 

New Children’s Books

The Red Pyramid by Rick Riordan — the author of the best-selling Percy Jackson and the Olympians series kicks off his new series with a tale of magic, mythology, adventure, angry gods and a dash of The Parent Trap.

Big Nate: In A Class By Himself by Lincoln Peirce — side-splittingly funny, this book is based on Peirce’s popular comic about Nate Wright and his inevitable greatness, if he does say so himself.

Moon Over Manifest by Clare Vanderpool — winner of the 2011 Newberry Award, this book tells the story of 12 year-old Abilene’s summer in Manifest, Kansas learning about her father’s history and solving a decades-old town mystery with her friends.

For suggestions, programs and contests to get and keep your kids reading this summer go to HotCouponWorld’s Summer Reading Programs for Kids.

For more book recommendations, check out these lists:

• Oprah’s 2011 Summer Reading List
• The Daily Beast Book Beast’s 10 Must-Read Summer Books
• NPR’s Summer Books 2011: The Complete List
• USA Today’s Summer Reads: A Look At The Season’s Hottest New Books
• Amazon.com’s Summer Reading for Kids & Teens