dcsimg
Home >> News >> LoanBlog >> banks

Record-Setting Week Means Good News for Mortgage Shoppers

December 18th, 2008

It was a record-setting week all around, which adds up to good news for mortgage shoppers:

While economic weakness is enough to give some home buyers pause, it is important to remember this same economic weakness is creating the extraordinary buying opportunity.

Read the rest of this entry »

Connect the Dots… to Lower Mortgage Rates

August 7th, 2008

Current events give a good demonstration of what really drives market interest rates:

The reason for the drop in mortgage rates can be traced to a third significant development:

All of which suggests that potential homebuyers — or mortgage refinancers — would do well to keep their eyes on the price of oil in the weeks ahead. 

Read the rest of this entry »