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Archive | February, 2008

Rates…A Rollercoaster Ride!

18. February 2008

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Hello, I’m sure you have been following the craziness of the market recently. Here are some updates and news related to refinancing. We have seen tremendous fluctuations the last 2 months. 3 weeks ago we saw 30-year fixed rates drop to almost 5.25% one morning and up to 5.75% the very same day. Since that rollercoaster ride, [...]

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Unemployment and Jobless data

1. February 2008

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Hello everyone, Here are a few quotes from CNN money that briefly explain the report today. Nothing drastically negative and nothing really positive except that unemployment slipped by .1%. As a result we didn’t see a big change in the interest rates either. Depending on the program, they either decreased by between .125 to .25 or [...]

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