Understanding Mortgage Rates | dripp inc | Home Equity | Refinancing and Remortgage Guide

Mortgage Update: The Refinance Action Continues! - 10/23/2008

Good Afternoon, Continued action in the treasuries are causing a measurable and consistent slide in long term fixed rates.  Since this market movement is not a result of any one event this week, we all have to wonder if it will continue or make a reversal to the trend we’ve seen in the past 2 months. We [...]

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Why FHA? We’ll tell you why!

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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