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Shopping For Mortgage Rates Is Part Research Skills, Part Luck

May 11, 2010 by admin · Leave a Comment 

Shopping multiple lenders for a “good mortgage rate” can sometimes save you 1/8 percent on your rate and/or a few hundred dollars in fees. However, when it comes to getting the best mortgage rate, you’re going to more than good research skills.
You’re going to need some luck.
Mortgage rates for people in IN or anywhere else, [...]

Markets Ignore The April Jobs Report And It’s Good News For Mortgage Rates

May 7, 2010 by admin · Leave a Comment 

On the first Friday of every month, the U.S. government releases its Non-Farm Payrolls report. 
More commonly called “the jobs report”, Non-Farm Payrolls is a major market mover. The number of working Americans is directly tied to the health of the economy which, in turn, drives the stock and bond markets.
In general, when jobs numbers improve, [...]