National Mortgage Company of Armenia will start provide housing loans at substantially lower mortgage rates as it gets the backing of the government. Now the company will provide long term loans and lower it's current mortgage rates to boost the market. The culture of taking a mortgage to finance a house is relatively young in Armenia. However, amazingly, Armenia has developed a strong banking system and now became a leader in the region providing long term mortgages of 10 and 15 years.

Mortgage rates dropped to a six week low this week with some lenders advertising rates below the magic 5% mark again. Strong demand for treasury auctions and declines in the stock market triggered the improvement.

Poor jobs reports are bad for those out of work. However, for those looking for a mortgage, bad news equals good news, as Freddie Mac's weekly mortgage report notes that current mortgage interest rates have dropped in the wake of labor market worries.

Current Mortgage rates have dropped today for the third week in a row, according to Zillow. Today's mortgage rates have fallen even closer to 5%.

Have we seen the last of the super low mortgage rates in Canada?

The New York Federal Reserve today bought Treasuries maturing from December 2013 through April 2016.According to several sources, the effort is part of the Feds plans to keep the current mortgage rates lower, although despite Fed's effort the mortgage rates in the recent weeks have gone up from all time lows.

Current mortgage rates continue to drop, having decreased a significant amount in recent weeks. What does this drop in current mortgage rates mean for the real estate market, as well as the economy?

Mortgage rates moved back after a sturdy run-up that had 30-year fixed mortgage rates threatening to reach the 6 percent mark. However, there was little change in Mortgage rates this week. Freddie Mac's chief economist attributes this to the current mixed economic reports on the state of the housing market.

Mortgage interest rates are not only low in the United States. They are also historically low in Switzerland. This situation is of course desirable for current or future home owners. However, the Swiss National Bank (SNB) calls on banks to exercise caution and discipline when granting new mortgages. There may be some valuable lessons for the U.S. Real Estate and lending sectors.

With current mortgage rates at historically low levels, many homebuyers and mortgage holders are asking whether a variable-rate mortgage or a fixed-rate mortgage is best for them.

The current mortgage rates have caused a lot of headache and mixed feelings among mortgage bankers, analysts, home buyers and the government. Some believe and hope that the current mortgage rates may go down, but according to Mortgage Bankers Association the interest rates on house loan may go up.

While some mortgage rates have been increasing in recent weeks, overall, interest rates are the lowest we have seen in a generation. Homeowners and first-time buyers getting a mortgage in the months ahead will likely enjoy a rate that will keep their borrowing costs low for the next few years.