Posted in Uncategorized

Fed Meeting and Rates Today

The Federal Reserve is concluding it’s meeting today and it is expected that they will cut the overnight lending rate by .50% to .75%. This…

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Posted in Interest Rates

The Folly of Four and a Half Rates

Over the last week, those of us in the mortgage business have been overwhelmed by questions from borrowers, potential borrowers and prior borrowers that all…

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