by Red Delicious
June 28, 2010

Wherever you turn, you can’t help but hear that mortgage rates are at historical lows. Rates for 15- and 30-year loans are hovering around 4.4% and 4.9%, respectively. At first, it was the Fed working to keep rates low via Mortgage Backed Securities purchases. More recently, the Greek and then the broader European debt crisis [...]
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by Red Delicious
May 25, 2010
So notes Moody’s chief economist, Mark Zandi. More accurately put, the coming weeks or months may well offer lowest cost of financing the purchase of a home in close to 50 years. For some time now, we have been noting that interest rates have a high probability of increasing due to many factors including the [...]
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