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Tag Archive | "Freddie Mac"

The Last Dripp - 8/7/2008

Thursday, August 7, 2008

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Good Afternoon, We saw a major improvement in the Bond Market throughout the day, which could not be ignored by lenders. Initially, lenders decreased mortgage rates and then for no apparent reason other than preparing for tomorrow’s Fannie Mae earnings report, they slightly increased them. If you focus long enough on the up and [...]

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Market Update 8/7/2008 - A Small Interest Rate Break

Thursday, August 7, 2008

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Good Afternoon, Today we have been given a break from all the interest rate increases we have been seeing lately. Although they will probably not go as low as they were a few months ago any time soon, it is still a small pocket of fresh air for people purchasing or refinancing their homes. [...]

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