Why Did Mortgage Rates Skyrocket Past 2013 Highs Today?
Mortgage rates were utterly destroyed today. Not only did the average rate move above the highest seen in 2013, but rates haven't been this high since May 22nd of 2012! Of course, there's the "everything's relative" perspective, whereb... Continue reading
Mortgage Rates Slightly Lower Ahead of Fed Minutes, Bernanke
Mortgage rates finally caught a break, moving just slightly lower for only the second time this month. For some, the drop in rates may be too little too late as it still doesn't put much of a dent in the losses suffered in May. &... Continue reading
Mortgage Rates Near 2013 Highs to Start Week
Mortgage rates continued May's nearly constant trend higher to begin the week, though the pace of increases is slower compared to that seen on Friday. Even so, it brings rates dangerously close to their highest levels of 2013 (which are... Continue reading
Mortgage Rates Jump Back To Recent Highs, More Volatility Ahead
Mortgage rates moved higher at their fastest pace in two weeks, after having their best day in more than 6 weeks just yesterday. The net effect for rates is not good, leaving them at their highest levels of the week and very close to 20... Continue reading
Effectively Repair Your Credit With These Tips
The sooner you confront your debt, the less damage it will do. Understanding how much debt you owe may keep you from creating new debt. There’s no better time than now to start repairing your credit. Follow this easy advice to get your credit back on track.
If you want to fix your credit, you must first conjure a workable plan that you can stick to. You must make a commitment to making changes on how you spend money. If you don’t need something, don’t buy it. Look at your purchases closely. If you cannot afford something, and you do not need it, do not buy it.
If you need a credit card to aid in fixing your credit but you cannot obtain one due to the state of your credit, applying for a secured credit card is an option.… Continue reading
Mortgage Rates Move Convincingly Lower
Mortgage rates moved lower at their fastest pace in 6 weeks today, erasing most of the losses seen so far this week. Not all lenders have adjusted pricing at the same pace, however, and best-execution is still 3.625... Continue reading
