My Lock Advice for Today: If I were considering financing/refinancing a home, I would... Lock if my closing was taking place within 7 days Lock if my closing was taking place within 8 and 20 days Float if my closing was taking place between 21 and 60 days Float if my closing was taking place over
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07/15/2008
Current Rates*: 30 Year Fixed - 6.5% with 0 Points Jumbo 30 Year Fixed - 6.75% with 0 Points 15 Year Fixed - 6.25% with 0 Points FHA / VA 30 Year Fixed - 6.5% with 0 Points*Rates and fees accurate as of 7/11/08. Rates and fees subject to change without notice. This is not an advertisement for th
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07/13/2008
Looking Back Interest rates had a down and up week as rates dropped early, only to climb back to about where they started by week's end. In other news, the Fed announced plans to extend possible loans to struggling mortgage giants Fannie Mae and Freddie Mac. Together, the two companies back about
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07/13/2008
CAIVRS (pronounced "cavers") is an acronym that stands for Credit Alert Interactive Voice Response System. CAIVRS was developed by the Dept. of Housing and Urban Development (HUD) in 1987. It is a Federal government database that contains the names of people who have defaulted on their Federal de
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07/11/2008
My Lock Advice for Today: If I were considering financing/refinancing a home, I would... Lock if my closing was taking place within 7 days Lock if my closing was taking place within 8 and 20 days Float if my closing was taking place between 21 and 60 days Float if my closing was taking place over
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07/11/2008
My Lock Advice for Today: If I were considering financing/refinancing a home, I would... Lock if my closing was taking place within 7 days Lock if my closing was taking place within 8 and 20 days Float if my closing was taking place between 21 and 60 days Float if my closing was taking place over
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07/10/2008
My Lock Advice for Today: If I were considering financing/refinancing a home, I would... Lock if my closing was taking place within 7 days Lock if my closing was taking place within 8 and 20 days Float if my closing was taking place between 21 and 60 days Float if my closing was taking place over
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07/09/2008
My Lock Advice for Today: If I were considering financing/refinancing a home, I would... Lock if my closing was taking place within 7 days Lock if my closing was taking place within 8 and 20 days Float if my closing was taking place between 21 and 60 days Float if my closing was taking place over
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07/08/2008
Mortgage Market Watch - July 7, 2008 Mortgage Commentary Rates ticked down and then back up last week. However volatile the market is, rates generally keep climbing while energy costs and inflation rise. With gas prices at another all time high, don't expect interest rates to provide relief any
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07/07/2008
Current Rates*: 30 Year Fixed - 6.625% with 0 Points Jumbo 30 Year Fixed - 8.75% with 0 Points 15 Year Fixed - 6.375% with 0 Points FHA / VA 30 Year Fixed - 6.75% with 0 Points*Rates and fees accurate as of 7/3/08. Rates and fees subject to change without notice. This is not an advertisement for
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07/07/2008
