Bond prices climbed for the fifth straight session Thursday, helped by a government auction of 30-year bonds. The dollar fell against the euro and gained versus the yen. That should keep mortgage rates on the way down. Ny tuesday of next week should be prime for locking conforming loans.
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Here's a question I got from a reader today.I found your blog on the web and thought you might be able to answer a question. I'm currently looking for a duplex or triplex to purchase. I intend to finance my new home with an FHA mortgage. I hope to live in the new home for 1 to 2 years, at which t...