Posted in current market

Critical Alert: New Fannie Mae Adjustments

New Fannie Mae price adjustments will go into effect on 1/15/2009! These adjustments will affect most homeowners looking to refinance. If you are even considering…

Continue Reading
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…

Continue Reading
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…

Continue Reading