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What a 24 hour period on the bond for the mortgage backed securities. Several Days ago the bond market was whipsawed by the statements made by Senat
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Are we done with the blame game?
I continue to read stories in newspapers and on line about who is to blame for the mortgage mess. The latest is
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I had the chance to get my shoes shined last week and found more wisdom in the person shining my shoes than I do in most people I meet on a daily bas
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So why are interest rates rising? If you have paid any attention to my previous writings you will understand that the Bond Traders make moves prior
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For the past few years, FHA has allowed charitable non-interested parties to supply the down payment to a borrower on FHA loans. Unfortunately, this
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Over the last week we have seen interest rates for fixed rate mortgages drop between .25% and .375%. Why is this you ask? Wall Street is taking pos
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If you had a crystal ball and could see what direction interest rates and house prices where going you wouldn’t be reading this blog. Now that you h
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I was on the phone with a past client last night that is building a $1,300,000 house and will need a loan for $800,000. When she asked about the rat
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