There’s a good chance that you have an error in your credit report – a 26% chance according to the Federal Trade Commission – and half of the time, those errors will impact your credit score. This is important because more and more areas of your life are credit driven: Whether you’re buying a car, […]
Why is this? Well, first off, the Fed doesn’t increase mortgage rates, they increase the short term cost of money. The Fed changes rates as part of it’s monitory policy to control the economy; they lower rates to stimulate the economy and raise rates to cool down the economy (and what they are really trying […]
Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates are still below 5%. However, sellers should realize that waiting to make the move while mortgage rates are increasing […]
We understand you hear this quite a bit lately, but we very well may have passed the end of the ultra-low interest run. See Today’s Rates!