Mortgage Rates Marginally Worse After Jobless Claims Data
{ Posted on Aug 26 2010 by Victor Burek }
Poor reads on housing and manufacturing helped mortgage rates move back to historic lows yesterday. However as the day progressed mortgage-backed securities prices fell from their highs and some lenders were forced to reprice for the worse. Rate sheet recalls ...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! »