7/23/2008
Wednesday’s bond market has opened in negative territory since there is no relevant economic data to offset early stock gains. The stock markets are in positive territory with the Dow up 24 points and the Nasdaq up 18 points. The bond market is currently down 13/32, which will likely push this morning’s mortgage rates higher by approximately .250 of a discount point.
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Front and Back End Ratios and Their Importance to Qualifying for a Mortgage
With the recent increase in the number of foreclosures and loan defaults, the mortgage industry as a whole has tighten the rules on... more >>

Tax Implications of Private Mortgage Insurance (PMI)
If you are currently paying PMI (Private Mortgage Insurance) or have been holding off on purchasing a home because of the costs associated... more >>

How The New "Conforming Jumbo" Program Has Fared
On February 13,2007 the President signed into law the Economic Stimulus Act of 2008 that includes a temporary increase in Freddie Mac's... more >>

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7/23/2008
Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Wednesday, July 23, 2008: Rates are down 0.003 from Tuesday. Today (7/23/08) - 6.359% Yesterday (7/22/08) - 6.362% One Week Ago (7/16/08) - 6.297%...
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Mortgage credit to stay tight for months; what you need to know
at MarketWatch - 7/18/2008 6:25:00 AM

After IndyMac failure, be sure your accounts are properly insured
at MarketWatch - 7/15/2008 4:23:00 AM

How turmoil over Fannie, Freddie could affect morgtage market
at MarketWatch - 7/11/2008 10:06:00 AM

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