mortgage rates: Raleigh Mortgage Information – Kevin Martini - Last Week...This Week (For the week of August 6, 2007)
- 08/05/07 11:53 AM
Last week GOOD, BAD OR UGLY? I truly believe all off the above, if we're looking at last week and home loan rates in Raleigh, Cary and the entire Triangle. Good news came in the form of the very friendly inflation and employment news, which helped rates on conforming home loans improve by about .125% over the course of the week. "Conforming" home loans are those under $417,000, and subject to very standard credit, income and asset qualifying, nothing exotic or designer, outside the box or fancy - and there's a reason those are being singled out here as having improved. A (0 comments)