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Mortgage Rates Continue To Rise: Are Sub 5 Rates Gone Forever?

November 1st, 2009 7:58 pm
So are sub 5.0 rates gone forever? The short answer is probably yes. While rates might briefly fall below 5 in the next month for the most part the era of sub 5.0 rates is over. Mortgage rates rose... [Read More]

How to Tell Mortgage Rates Are Rising

October 29th, 2009 11:31 am
Although current indications are that the Fed will keep interest rates low for the time being, look for these signs to determine if Fed policy is about to change.

Mortgage Rates Start to Rise : Is Inflation Next

October 24th, 2009 10:30 pm
The 30 year rate rose again this week rising from 4.92 to 5.00. Now in the last two weeks 30 year mortgage rates have risen from 4.87 to 5.00. Most of the other major mortgage products rose as well.... [Read More]

Mortgage Rates Start to Rise

October 16th, 2009 3:20 am
After falling for the last 6 weeks mortgage rates started to rise this week. The 30 year rate rose from 4.87 to 4.92. The 15 year mortgage rose from 4.33 to 4.37. Both arms rose as well with the 5... [Read More]

Madoff's Mansions on the Market

September 29th, 2009 9:10 pm
Marshalls are preparing to put Madoff's mansions on the market, and victims of his ponzi scheme are hoping to cash in big time. Based on court records, the FBI is revving up to sell an estimated $30... [Read More]