Category Archives: Economy

Current Mortgage Rates for Tuesday, October 23, 2012

 Current Mortgage Rates for Tuesday, October 23, 2012 (via Total Mortgage Services)

Yesterday mortgage backed securities were volatile intraday, selling off in the morning and slowly rallying to the point where at least some of Friday’s gains were recouped by the close of trading on Monday.  The sell-off led to slightly higher mortgage rates, although we’re seeing a rally this…


Obama or Romney: Who’s Better For Homeowners?

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When it comes to housing policy, Mitt Romney should have many supporters among Credit.com readers. Every week we receive emails and comments complaining about HAMP and HARP, President Obama’s signature programs to alleviate the mortgage crisis. They include Nima Russell, who calls the government’…


The Three Requisites For A Real Estate Recovery



The Three Requisites For A Real Estate Recovery (via http://mortgagespectator.com)

If your life revolves around real estate you’re probably wondering when will the real estate market bounce back.  And even if you’re not directly involved in real estate you’re most likely wondering when will you be able to sell your property for a price above your loan balance.So, if you’…