Mortgage Rates Higher Following Employment Report
by Matthew Graham
The monthly Employment Situation Report was released at 8:30am this morning, with much better-than-expected results. Stocks rallied sharply and most every interest rate in fixed-income markets moved higher. The economic optimism created by this ...
Mortgage Rates Maintain Record Lows Ahead of Friday's Jobs Report
by Matthew Graham
For the second day in a row, Mortgages Rates are just slightly better than unchanged. Best-Execution remains at 3.875% for conventional 30yr fixed loans, and the slight improvements seen today have benefited the borrowing costs required to ob...
Mortgage Rates Remarkably Steady At Historic Lows
by Matthew Graham
Mortgages Rates are just slightly better than unchanged on the day. Best-Execution remains at 3.875% for conventional 30yr fixed loans, and the slight improvements seen today have benefited the borrowing costs required to obtain those rates. (...
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Housing Assistance 2012: Another Herculean Task for the FHA
by Brian Montgomery
Beginning the 37th month of his presidency, the Obama Administration today announced a laundry list of new programs to help struggling homeowners, crack down on abusive lending practices, make mortgage documents easier to read, convert REO to rent...
Solemn Remembrance of Those Lost Aboard Shuttle Columbia
by Brian Montgomery
Like countless persons across the world, I watched in quiet disbelief as thousands of pieces of debris streaked across the vast Texas sky the morning of February 1, 2003.
Unlike what had transpired in 1986 during the launch of the shuttle Challen...
What Should the Government do to Address the Inventory of Foreclosed Properties?
by Brian Montgomery
Economists calculate that the decline in home prices has cost American homeowners approximately $7 trillion in home equity. Compounding this problem is the fact that the inventory of homes available for sale remains high and there is potential for...
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Estimate your Break Even for a Short Sale
23 Jan 2012 at 5:03am
First Washington Mortgage Video | Mortgage Services in Washington DC
6 Jan 2012 at 10:20pm
Maryland CDA Now Offers a 203K Option; But It Comes With A Warning
29 Jun 2011 at 9:38pm
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