FED Takes Action to Keep Mortgage Rates Low

Posted on September 14th, 2012

According to CNN Money, the FED announced its plan to purchase $40 billion in MBS per month to support mortgage markets and keep mortgage interest rates low. The announcement comes off of continual news of sluggish economic growth and lack-luster job…

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The On Q Financial Raleigh Branch Has Moved

Posted on August 9th, 2012

Independent mortgage banker, On Q Financial, is pleased to announce that its Raleigh, North Carolina branch has relocated to new office space. The office is located at 2501 Blue Ridge Road in the Atrium building, which is at the intersection…

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Record Low Mortgage Rates Helping to Stir the Housing Market

Posted on July 20th, 2012

Freddie Mac released the results of its Primary Market Survey and the average 30-year and 15-year fixed rate mortgage has new all-time record lows. Freddie Mac’s chief economist believes these record low rates have accounted for the increased demand in housing. According…

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Why Refinance Your Mortgage?

Posted on July 7th, 2012

Even though the economic recovery remains sluggish, homeowners have reason to celebrate.  According to the Mortgage Daily News, interest rates continue to hover around all-time lows creating the ideal opportunity for a refinance.  Refinance applications are up 84.6% from 2011,…

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