Bill Rice - MortgageLoan.com | 01/30/2009 - 1:57am
Mortgage rates are still at record lows, but they are edging up. The most concerning issue is that bank mortgage rates are moving counter to market data.
Bill Rice - MortgageLoan.com | 01/28/2009 - 1:18am
The Federal Reserve is out of room on the Funds Rate, at a range of 0-0.25 percent. However, the Federal Open Market Committee (FOMC) assured us today there were plenty of tools left.
Bill Rice - MortgageLoan.com | 01/06/2009 - 1:07am
Mortgage rates are trending down this morning. Showing the early effects of Federal Reserve MBS $500 billion buying program, that kicked off yesterday.
Bill Rice - MortgageLoan.com | 01/05/2009 - 1:44am
Mortgage rates remain a historic lows. 30-year fixed-rate mortgages continued to hold a steady baseline around 5 percent through the lightly traded holiday season.