Interest rates (Discontinued)
Obama to announce cut in FHA premiums
In a speech to be delivered tomorrow in suburban Phoenix, the President may announce a reduction of FHA mortgage premiums.
Mortgage rates, applications take a plunge
Historically, the mortgage industry experiences a slowdown during the holiday season, but this time around it was particularly quiet. Meanwhile, rates have hit a 19-month low.
Be wary of high numbers from low bars
Now is the time of year that mortgage professionals are flooded with predictions about what is going to happen in the housing market. Following the wrong advice could lead us to take poor risks or, conversely, not to take good ones.