Archive for May 9th, 2007
Mortgage Activity Blooms in Spring
Does having bad credit mean that you can’t get a loan? Of course not! Does it mean that you might have to put a little more effort into obtaining a loan? Maybe. Either way - you need to start somewhere and this may help your decision…
Last week’s mortgage applications almost 20% […]Fed Leaves Interest Rates Unchanged Again
For the seventh consecutive time, the Fed decided to maintain the Fed Funds Rate at 5.25%. The Fed Funds Rate affects short-term interest rates such as those on adjustable rate mortgages and home equity lines of credit.