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Mortgage Lenders under Government Scrutiny

November 24th, 2009 2:41 pm
Topping the list of institutions under fire are the familiar faces of Fannie Mae and Freddie Mac, the poster children for good intentions gone bad. The government entities faced renewed federal scrut... [Read More]

Mortgage Rates Continue to Fall

November 15th, 2009 7:25 pm
While the expectation has been that mortgage rates would start to rise they have fallen for the last 2 weeks. This week the 30 year rate fell from 4.98 to 4.91 (last week it fell from 5.03 to 4.98).... [Read More]

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]

Mortgage Rates Remain at Summer Lows

September 29th, 2009 9:19 pm
Mortgage rates remained steady this week. The 30 year again was at 5.04 which is a low for the summer. The other mortgage products remained relatively stable this week except for the 1 year arm whic... [Read More]

Are Mortgage Rates Primed To Rise

August 14th, 2009 1:50 pm
Mortgage rates rose again this week. This is the third time in the last 4 weeks that mortgage rates have risen. Why are mortgage rates rising? There are numerous factors at play but generally once... [Read More]

Mortgage Rates Stay Even

August 8th, 2009 5:20 pm
The saying "No news is good news" might be applicable with the recent trend with mortgage rates. For the last 2 or 3 weeks for the most part rates have stayed pretty much unchanged. The reason why t... [Read More]