Mortgage and Real Estate Insight

Mortgage and Lending - Regions Mortgage



The Federal Reserve's Open market Committee announced Wednesday it was lowering the federal funds rate to 1%, it's lowest level since 2004. Yet mortgage rates rose on the news and continue to rise today. Though, on the surface, this may seem contradictory it exposes a symptom of the larger financ...
As regional and national banks eagerly rush to accept government bailout loans in the face of frozen credit markets, local community banks are quickly becoming the go-to source for mortgage loans in Florida. Despite tighter underwriting guidelines from Freddie Mac and Fannie Mae and a secondary m...
Mortgage rates are easing this week as the yield on the ten year treasury note fell to 3.72% on Tuesday after climbing as high as 4.09% in the past week. The Mortgage Bankers Association of America reported that over the past four weeks, thirty year mortgage rates rose at their fastest pace in 17...
We have heard plenty of arguments from the Bush administration and congressional officials as to the necessity of a massive bailout to remove "toxic" ( the new word for worthless) assets from the books of financial institutions to encourage them to start lending again. The frozen credit markets w...

Hunter Palmer

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