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interest rates: Time to buy--the big picture - 05/13/08 09:36 AM
CNN Money featured a great article yesterday about home buying for those who are on the fence out there. I'll post the link at the bottom....
Amanda Gengler hit the nail on the head when she stated that #1: You simply cannot time the bottom.  Fact is even if you could buy the same house a few thousand cheaper in 6 months but rates climb you do not gain anything and likely end up losing.
In fact, talking with some agents in the Cincinnati Ohio market as an example, they are noticing significant improvement in marketing time in several parts of the … (4 comments)

interest rates: Interest Rates, Underwriting Turn times= Exercise caution on FHA rate locks - 02/26/08 02:14 PM
You may have read some other posts on ActiveRain about mortgage rates in recent days/weeks wondering exactly what's going on and speculating on where we are headed.  First I will reiterate that what the Fed does will not necessarily translate into what long-term interest rates like mortgages do.  The end of January did offer the best rates we have seen for quite some time but since about 2/10 rates have worsened from one day to the next about 80% of the time.  If you are "floating" right now, you might feel like you're playing a game of "Deal or No Deal" gone wrong … (10 comments)

 
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Kevin Weaver

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