by The 2 Mortgage Guys | Mar 22, 2011 | General News & Information, Government, Indiana Mortgage Blog
WASHINGTON (AFP) – The US Treasury Department on Monday said it would start selling-off mortgage-backed securities worth an estimated $142 billion, in an effort to close another chapter of the financial crisis. The department said each month it will offload up to $10...
by The 2 Mortgage Guys | Mar 18, 2011 | First Time Homebuyers, General News & Information, Indiana Mortgage Blog, Local News, New Home Sales
Single-family housing starts plunged unexpectedly last month. Nationwide, starts fell 12 percent from the month prior; and 29 percent from February of last year. February’s figures represents the worst 1-month drop in housing starts since May 2010 —...
by The 2 Mortgage Guys | Feb 11, 2011 | First Time Homebuyers, General News & Information, Indiana Mortgage Blog
Mortgage rates are surging. Over the last 7 days, conventional, 30-year fixed rate mortgage rates have jumped 24 basis points, or 0.24%, according to Freddie Mac’s weekly Primary Mortgage Market Survey. It’s the largest 1-week spike in mortgage rates in...
by The 2 Mortgage Guys | Aug 21, 2010 | General News & Information, Indiana Mortgage Blog
Another week, another new low for conforming mortgage rates. In fact, this week marks the 9th time in a row it’s happened. Mortgage rates are (again) at their lowest levels in history. The data comes from the Freddie Mac, a government group and major loan securitizer...
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