Our Blog
Simple Explanation Of The Federal Reserve Statement (September 13 , 2012)
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Thursday, while adding new market stimulus.
FOMC Expected To Announce New Stimulus Today
The FOMC adjourns from a 2-day meeting today. Mortgage rates are expected to change — perhaps by a lot.
Improving Market Index Climbs To 99
The number of U.S. housing markets showing “measurable and sustained growth” has increased by 19 this month, according to the National Association of Homebuilders’ Improving Market Index.
Simple Tips To Keep Your FICO High
For today’s home buyers and refinancing households, the value of “good credit” has never been higher.
What's Ahead For Mortgage Rates This Week : September 10, 2012
Mortgage rates rose slightly in last week’s holiday-shortened week.
Coming Next Week : New, Mandatory Loan Fees For All Conforming Mortgages
Beginning as soon as next week, new, mandatory mortgage fees will push conforming mortgage rates higher nationwide.
Case-Shiller Index Shows Huge Home Price Gain
According to the Standard & Poor’s Case-Shiller Index, home prices rose 6.9% between the first and second quarter of 2012, the largest quarter-to-quarter gain since the home-value tracker’s 1987 inception.
What's Ahead For Mortgage Rates This Week : September 4, 2012
Mortgage markets improved last week for the second consecutive week.
Mortgage Rates Drop For The First Time In 4 Weeks
After 4 weeks of increases, mortgage rates finally recede nationwide.
Pending Home Sales Index Makes New High For 2012
In July, the third time this year, the Pending Home Sales Index crossed its benchmark value of 100, moving to 101.7.