On the Heels of Fed Chairman Bernanke's Comments on Rising Interest Rates, SMR Financial Introduces 'Mortgage Recession
As interest rates continue to climb in light of the Federal Reserve's 16th consecutive rate hike, the mortgage industry is headed for a "Mortgage Recession" unlike anything seen in previous periods. (full story)
Bankrate: Mortgage Rates Advance on Holiday-Shortened Week
Mortgage rates have see-sawed back-and-forth in recent weeks on news of a softening housing market (full story)
Home rates nearing 6.7%
WASHINGTON - Mortgage rates edged higher again last week on worries about what the Federal Reserve will do next. Freddie Mac, the mortgage company, reported Thursday that rates on 30-year, fixed-rate (full story)
Wrap- around contract explained
Everett Herald - We are looking at buying a home for sale by the owner, and they are offering to sell to us with such a contract. J.M., Duvall Answer: Frankly, I would not advise doing a private contr (full story)