Mortgage Blog

Home prices increase at a decreasing rate, mortgage rates modestly better

“In the book of life, the answers aren’t in the back.”-Charlie Brown   On this day in 1950 the Peanuts comic-strip made its debut in newspapers.   Italy Lawmakers in Italy are looking for answers to their financial problems.  Earlier today a prominent Italian politician publicly remarked that Italy could solve many of its issues […]

Mortgage rates hold steady, might the Fed help home loan rates improve?

“Jenny Don’t Change Your Number!”- Today is National One-Hit-Wonder Day.  What is your favorite hit?  Mortgage Rates After consecutive weeks of moving higher the good news is that mortgage rates did not change last week.  Home loan rates continue to hover around the highest levels of the past seven years. The Fed As I noted […]

Rates modestly worse, home prices projected to increase at a decreasing rate

On this day in 1998 two graduate students from Stanford University incorporated their business which was named after the mathematical term for 10 to the 100th power (“1” followed by 100 zeros). Had you invested $100 in their internet search engine business on that day your initial investment would be worth over $41 million today […]