RECENT BLOG POSTS
Today the treasury prices plunged causing interest rates to rise. What did this? The simple fear of tighter monetary policy globally. (London, New Zealand, and South Africa raised thier rates) This prompted heavy selling especially from MORTGAGE players prompted benchmark rates to post their bigg...
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US HOME PRICES FALL FOR THE FIRST TIME SINCE 1991 U.S. home prices fall for first time since 1991 By Rex Nutting, MarketWatch Last Update: 12:51 PM ET May 29, 2007 WASHINGTON (MarketWatch) -- U.S. home prices dropped 1.4% in the first quarter compared with a year earlier, the first year-over-year...