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Interest rates reach record low in latest MBA survey
Interest rates fall, REFI's soften but remain near record high in latest MBA survey
California's Housing Affordability Index falls to 28 percent C.A.R reports
Minimum income of 352,780 dollars needed to buy median priced home in California
Summary of Interest Rates
Economic conditions, including actual inflation and inflationary expectation, establish the general level of interest rates. In the absence of inflationary expectation the risk-free rate would equal the real rate. For a risk-free bond the nominal rate can be described with the Fisher equation, by acteristics of individual issues cause the ...
Refinance Index falls in MBA survey
Refinance Index falls Purchase Index and mortgage rates increase
A Word about Subprime
Have you ever been curious as to how, much less why, a mortgage company would step forward to sponsor the name of a ballpark in another county? How could they afford such a commitment? The answer is poor credit.
In a recent survey, Texas was noted as one of the worst states for consumer credit…the problem with being a recipient of relocating consumers. (I was just looking for an excuse.) If
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