November 11, 2008
Your mortgage closing costs are the fees you pay up front when taking out or refinancing a mortgage loan. These costs include origination fees, title fees, discount points, appraisals, underwriting and processing fees. Basically any fee paid to the originator or a third party company involved with the closing your loan is considered a closing [...]
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October 12, 2008
If you’ve been following the news you’ve undoubtedly heard that the President signed the $700 billion dollar bailout package. Shortly after this the Federal Reserve cut interest rates. What you may not know is that the when the Federal Reserve cuts rates it lowers the Federal Funds rate which actually has nothing to do with [...]
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