Low rates
Updated Oct. 9, 2013
NEW YORK (CNNMoney.com) -- Home mortgage rates ticked lower after Federal Reserve Chairman Ben Bernanke said the central bank will continue to keep interest rates low.. The average 30-year fixed mortgage slipped to 5.55% from 5.58% the week prior, and the 15-year fixed fell to 4.89% from 4.93%, according to the...

Why use a mortgage broker?
Updated Oct. 9, 2013
The profession that took the greatest hit to its reputation during the mortgage implosion that started in 2007 was mortgage brokering. Callous agents who had no interests at heart but their own pursuit of a paycheck became poster boys (most of them were men) for the excesses of the home financing catastrophe. In...

"Recession Over" and Mortgage Rates
Updated Oct. 9, 2013
With economic news sporting a warmer glow for the past couple of months, Federal Reserve Chairman Ben Bernanke boldly claimed that the "recession is very likely over." It's not unreasonable to assume that many people would respond with the query "So when does the recovery start?". There is little doubt...

Home Sales Rise 9.4% in September
Updated Oct. 9, 2013
Home sales rise 9.4 percent in SeptemberWASHINGTON (AP) -- Home resales rose far more than expected last month to the highest level in more than two years as buyers scrambled to complete their purchases before a tax credit for first-time owners expires. The...