The stock market is getting hammered this morning by a much weaker than expected durable goods number. Mortgage Backed Securities and Mortgage Rates though are capped and have been for a while due to overhead resistance, those red lines at top of … [Read more...] about Mortgage Rates 1/27/2015 Update
Archives for January 2015
Pros and Cons of a Reverse Mortgage
A reverse mortgage is a financial product that allows a homeowner to convert home equity into cash. A reverse mortgage is an option available to homeowners who are at least 62 years old. A reverse mortgage offers them a good way to finance their … [Read more...] about Pros and Cons of a Reverse Mortgage
4 Things Every Home Buyer Should Be Asking Themselves
Purchasing your first home can be both an exhilarating and daunting experience. Even though here are professionals to help you make the right decision, you will need to do some homework before you actually go house hunting. In this post, we will … [Read more...] about 4 Things Every Home Buyer Should Be Asking Themselves
Mortgage Rates 1/5/2015 Update
Mortgage Rates are Great Today! The chart I am showing is a 6 month view rather the typical 3 month view that I share to show a longer perspective. Mortgage Rates are starting the year at close to the best levels in the past 365 days. Oil is … [Read more...] about Mortgage Rates 1/5/2015 Update
