ARCHIVED BLOG POSTS
These two pictures say it all; Home prices are stable and increasing and interest rates remain at historical lows making this a great time to consider your first home purchase. The third photo is where you go to finance it!
Fed Lowers Forecasts The big story this week was Wednesday's Fed meeting, and the Fed statement was well received by mortgage investors. Also positive for mortgage rates, the economic data released this week fell short of expectations. As a result, rates ended the week lower. For several rea...
Friday's stronger than expected Employment data was great news for the economy, but it was negative for mortgage rates. As a result, mortgage rates ended the week higher. The Employment report revealed strength nearly across the board. Against a consensus forecast of 240K, the economy added...