Larry Iest's (larryi) Blog

Here is the Mortgage Market Update for the week of June 30, 2008 brought to you by Larry Iest of Hemet Mortgage. LAST WEEK The big news last we was the action, or inaction, of the Federal Reserve. The Fed decided to leave their Fed Funds rate unchanged at 2%. The Fed is fighting between a weakeni...

Here is the Mortgage Market Update for the week of June 2, 2008 brought to you by Larry Iest of Hemet Mortgage. LAST WEEK The theme we saw last week in the market was inflation. There was a felling in the market of global inflation and it spilled into our markets. The inflation theme began Tuesd...