Market takes Toll, but builders may be good bet The home builder Toll Brothers startled the stock market last week when it cut expectations of future earnings.read more...
Inflation fears ease, mortgage rates dip (Detroit Free Press) WASHINGTON -- Rates on 30-year mortgages, which had jumped to the highest level in 2 1/2 years, edged down slightly this week. Mortgage giant Freddie Mac reported Thursday that rates
Treasurys flat but on course for weekly gain Benchmark Treasury notes traded roughly flat Friday but were on track to wrap up their first winning week in the past four, even after another Federal Reserve official expressed increasing
UPDATE 1-Gramlich says doesn't know where Fed is on rates Federal Reserve Governor Edward Gramlich said on Friday he did not know where the U.S. central bank was in its interest-rate rise cycle but that it would keep working to
Overnight real estate rates slip (Reg Req'd) The 30-year fixed-rate average dipped to 5.39 percent, and the 15-year fixed-rate sank to 4.96 percent.read more...
PMI protects lender, not borrower Private mortgage insurance is intended to protect lenders at higher risk of loss, says Dr. Don Taylor.read more...
“Carrying two mortgages is pretty expensive.”
I find it quite audacious that someone in an industry that routinely commands a 6 percent commission is whining about another professional collecting maybe a 1 percent YSP, if they are even getting that. via Inman
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