We’ve got some new data that shows why it is so important – especially now – to shop around for the best mortgage rates and terms. Play Just take a look at this graph (you can click on it to see a larger version). On the left side, the gray... Read more
The 4th of July is coming up, and that means plenty of bbqs, Independence Day weekend store sales, and fireworks. But as the fireworks and festivities are getting ready to start up, we’ve been busy watching rates go down. Mortgage rates have once again hit historic lows. Yes, we... Read more
The Federal Reserve recently renewed its pledge to keep interest rates low, holding the interbank overnight rates in the zero to 0.25 percent range. In it’s official statement the Fed relayed information from the Federal Open Market Committee (FOMC) which suggests that economic activity has continued to strengthen and that the labor market is stabilizing.