RECENT BLOG POSTS
A short recap of important mortgage news from this week. Wells Fargo must pay 85 million in fines to customers with good credit for steering them into subprime mortgages, mortgage rates for the week and if you have a loan above 417,000 be prepared, it may be denied without any notice. At the end ...
07/23/2011
Warning: Your loan may be denied without notice. If you are approved for a home loan or are a Realtor® with a client approved for a home loan you need to watch this video. Also, today's mortgage rate trend report. Do you know which bank recently got fined one of the biggest fines ever handed out ...
07/23/2011
Raleigh home loans and real estate all in one place! Raleigh real estate Enter your information in our quick quote below and we will provide you current mortgage rates and jumbo rates for Raleigh and North Carolina . Our fee is only $1,175 regardless of your loan size. Current mortgage rates and ...
07/20/2011
Current mortgage rate trends improved today after taking a beating in yesterday's markets. The debt crisis in Europe has made investors nervous about the long term affects to stock and bond markets. Since mortgages are sold as bonds this will affect mortgage rates. The result is that long term mo...
07/20/2011
Current mortgage rate trends are deteriorating.  Europe is a big scare for many investors.  Today, in rare fashion both stocks and mortgage bonds suffered a sell off.  This put pressure on mortgage rates as they inched higher as money poured into gold.  Investors see the European debt crisis hitt...
07/18/2011
A conversation overheard on the VHF Guard (emergency) frequency 121.5 MHz while flying from Europe to Dubai. Iranian Air Defense Site: "Unknown aircraft you are in Iranian airspace. Identify yourself." Aircraft: "This is a United States aircraft. I am in Iraqi airspace." Air Defense Site: "You ar...
07/16/2011
Happy Friday North Carolina! This week has had some exciting news for people underwater on their mortgages and for investors wanting to pay cash for homes and then refinance the home without waiting. Mortgage rates ended the week lower as bad economic news drove investors to buy mortgage bonds. ...
07/16/2011
You may not know this but mortgage rates change throughout the day. And It’s this fact that makes shopping mortgage rates for a consumer nearly impossible. How can you shop rates when they are constantly changing? I use the same technology lenders use to set their interest rates. Using this lets...
07/14/2011
Current mortgage rate trends remained unchanged     The reason: Concerns about the debt crisis in Greece, Italy, Portugal, Spain and Ireland have investors selling stocks and buying mortgage bonds which are often considered safer investments. Before trading began this morning, Treasury yields wer...
07/12/2011
Current mortgage rate trends are improving. However expect mortgage rate swings in the coming week. If you are closing your loan in 7 days or less I recommend you lock your rate. If you are closing in more than 7 days I suggest you float with caution. Reason for current mortgage rate trend: Inve...
07/11/2011
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