Category Archives: Uncategorized

Foreclosure Rates Increase

News in from RealtyTrac.com & Nationalmortgageprofessional.com on the US foreclosure rate rises by 2%. The 2008 ¬†fallout can still be seen with foreclosures still on the horizon. Mortgage Saver and Bi Weekly Mortgage Calculator are tools to help ensure people … Continue reading

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Mortgage News

Sales of homes dipped in September while the affordability of homes has fallen to a 5 year low as quoted by Lawrence Yun. The real effects of the #governmentshutdown will be seen as delays that had been felt will now … Continue reading

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Government Reopens for Business

  After a 16 day shutdown, business is now back to normal in Washington. Lets hope this delay won’t change the outlook of the economy. With the mortgage and real estate industry being major backbones to the economy we need … Continue reading

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Mortgage Rates Could Spike with US Default

More updates on the how the government shutdown and possible US default could effect the mortgage industry. As reported from Market Watch there are two days left to reach a deal otherwise the debt ceiling will be breached. It is … Continue reading

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Mortgage Saver Update on Mortgage Rates

The average mortgage rate for 30 years stands at 4.23% up from 4.22% last week, the average 15 year fixed rate rose to 3.31% up from 3.29%. http://abcnews.go.com/Business/wireStory/average-us-30-year-mortgage-rate-423-pct-20529159      

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