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Mortgage Refinancing This Week

August 15, 2005

The market stabilized last week after the Fed boosted rates as was largely anticipated. Additionally the market gained momentum and actually finished better on Friday than when we started the week. Now that rates have slightly reduced, can the market continue the downward trend through this week? As predicted last week, the boost in the [...]

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Refinance a Mortgage – Rates

August 14, 2005

Mortgage rates rose again last week, with 30-year mortgages hitting their highest level in four months and one-year adjustable rate mortgages rising to the highest level in more than three years. In its weekly survey, mortgage giant Freddie Mac reported Thursday that rates on 30-year, fixed-rate mortgages rose to a nationwide average of 5.89 percent, [...]

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