mortage: Mortgage Rates Rise After Hitting All Time Lows - 04/09/09 11:51 PM
Last week mortgage rates hit all time lows with the 30 year mortgage rate reaching 4.78. This week the 30 year rates moved up a little to 4.87. While this is a decent one week rise we are looking at rates that are probably still in the bottom 10 for all … (2 comments)

mortage: National Bank: How to Fix the Housing Crisis for Less than 700 Billion - 10/18/08 02:48 AM
Recently the news has been dominated by developments with the 700 billion dollar bailout package, and rightfully so. 700 billion is an astronomical sum of money. The first problem is that the 700 billion dollar bailout adds a huge amount of money to the national debt. Not only that, some have … (0 comments)

mortage: The Mortgage Crisis and the Austin Real Estate Market - 08/14/07 04:31 PM
So there has been a lot of talk about the mortgage crisis over the last week. I wanted to write a short summary of what is going on.
Earlier this summer, we had changes in sub-prime lending. Basically before the changes, if someone could wander into a mortgage office, they … (0 comments)

 

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