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The Dripper - who has written 109 posts on Understanding Mortgage Rates | dripp inc | Home Equity | Refinancing and Remortgage Guide.


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Mortgage Update: Will this crisis ever end? - 10/22/2008

Wednesday, October 22, 2008

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Good Afternoon, It feels as if this crisis will never end. Monday and Tuesday’s bond market has opened up considerably. Rates continue to drop due to economic uncertainty and recession fears in Asian and European Markets. Monday’s only economic data was September’s Leading Economic Indicators (LEI). This index attempts to measure future economic activity, particularly during the [...]

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Why FHA? We’ll tell you why!

Wednesday, October 8, 2008

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Why FHA? If you have been qualified at a higher rate than you expected or denied because of your credit a FHA (Federal Housing Administration) mortgage may be your little known savior.  FHA loans are guaranteed mortgage loans that are backed by the government.  Since the U.S. government guarantees these loans the mortgage rates are (many [...]

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