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Mortgage Rates Tumble Below Pre-Meltdown Levels
In the wake of the Fannie Mae takeover, mortgage interest rates declined, and the overall cost of taking out a home loan or doing a mortgage ...»
How Are Mortgage Rates Set?
When you look at mortgage rates, do you ever wonder how they come up with the numbers? It isn't as mysterious as it seems. The Federal Open Market ...»
Fed Rate Cuts: How Low can they Go?
Usually, a Fed funds rate cut of even a quarter percentage point is extreme. But within the past few weeks, the Fed has slashed rates by half a ...»
Mortgage Rates Undergo a Transformation
Just as the insurance industry has done in recent years, the mortgage industry is now undergoing a radical transformation in response to its ...»