How Did Mortgage Rates React to Jobs Data?
{ Posted on Aug 05 2011 by Adam Quinones }
To put it bluntly, not good...
Home loan borrowing costs moved higher after a better than expected jobs report this morning. The one-week winning streak that led mortgage rates back into historically low territory came to an end as a result. ...Read More »
My goal in creating this blog is to provide an honest, inside view of the mortgage industry, and to explain the process of obtaining a mortgage in the most straightforward and effective manner possible.
There are so many aspects of the loan process that consumers don’t understand, seemingly basic things that can affect your interest rate substantially, costing you thousands each year. And they can be resolved with minor solutions, often just by reading blogs like this. So go ahead, browse the site and educate yourself. Because in this industry, knowledge equals savings! »