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25 January 2008
In a dramatic series of events, rates this week plunged and later skyrocketed, leaving borrowers bewildered.
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11 January 2008
Mortgage Rates were down this week on December Employment news posted last Friday.The benchmark 30 year fixed rate dropped 15 basis points to 5.88 % according to a MortgageLoan.com national survey of mortgage lenders.
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4 January 2008
Mortgage rates continued to drop this week on overwhelming reports of weak economic activity.The benchmark 30 year fixed rate mortgage fell from a high of 6.224 last week to a low of 5.985 today.
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28 December 2007
Rates ended almost unchanged from where they were a year ago, at 6.125%.This however was in contrast to the major changes and credit tightening that has passed through the mortgage industry.
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21 December 2007
The benchmark 30 year fixed rate mortgage rose 3 basis points from 6.125 to 6.155 according to a MortgageLoan.com national survey of brokers and banks.
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14 December 2007
Mortgage rates increased sharply, even though the Fed cut rates earlier this week by.25 of a point.The average 30 year fixed rate mortgage loan rose to 6.125% from 5.875% last week, according to a MortgageLoan.com national survey of lenders.
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21 September 2007
The Truth in Lending Act protects home equity borrowers by defining a rescission period and requiring lenders to disclose key terms.
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22 July 2007
Bankruptcy isn't the end of the world-it's the beginning of a new one.Take the opportunity to start fresh with new habits that will save you money and keep you out of debt trouble in the future.
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