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Looking at Executive Compensation and the Great Recession

November 5th, 2009 8:39 pm
The fact is that the financial meltdown, now widely known as the Great Recession, started on Wall Street. It is also a fact that the meltdown quickly reverberated off the pavement of Main Street in t... [Read More]

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]

Mortgage Rates Continue to Fall

October 7th, 2009 10:39 am
Mortgage Rates Fell yet again this week. The 30 year fell from 5.04 to 4.94. This marks the 5th week in a row where mortgage rates have either fallen or held steady. For the most part rates have be... [Read More]

Mortgage Rates Continue to Drop

September 22nd, 2009 3:32 pm
Mortgage rates have now dropped for 3 weeks in a row. We are not seeing a lot of movement. 30 year rates have only dropped from 5.14 to 5.04 in the last 3 weeks. What is interesting is that rates a... [Read More]

30-year fixed-rate near 5%

September 4th, 2009 2:38 pm
Low mortgage rates, falling prices further boosting affordability Prime borrowers able to put 20 percent down on a home purchase were offered 30-year fixed-rate mortgages this week at just above 5 percent, Freddie Mac said in announcing the results of

Mortgage Rates Hold Steady

August 29th, 2009 6:00 pm
For the most part mortgage rates held steady this week after dropping sharply last week. The 30 year rate rose slightly from 5.12 to 5.14 after dropping from 5.29 the week before. The 15 year rate r... [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]