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Mortgage Rates November 8, 2013

Can you believe the delayed, skewed jobs report?  The business survey shows 204,000 new jobs while the current population survey (source) shows a net loss of 735,000.  Is the media and the market blind? Are they ignoring certain numbers or…

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What Qualifies One For A Mortgage?

While most people may think that everyone is at least eligible for a mortgage, this is not necessarily the case. Mortgages have eligibility guidelines, as well as, qualifying guidelines, both of which have different meanings. Many people may be eligible,…

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Mortgage Rates November 5, 2013

It may be just another day, but MBS prices started the day lower and have continued to decline. This is not good news for mortgage rates; putting them at risk for unfavorable pricing. The ISM Service Index rose to 55.4…

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