Home Price Index Rises 0.3% in March 2010

Home values rose in March, according to the Federal Home Finance Agency’s most recent Home Price Index. Values were reported higher by 0.3 percent, on average, from February. We use the phrase “on average” because the Home Price Index is broad-reaching, national housing statistic. It...

Rick Santelli Breaks It Down Once Again! (Video)

Please take the time to watch and try to...

Rent vs. Own $70 National Spread (video)

Statistics show the National average of Owning vs. Renting will only cost consumers an additional $70 a...

Mortgage Rates May 26, 2009 – Weekly Forecast

Mortgage rates have not fared well the month of May, and today was no different.   Mortgage Backed Securities once again ended the day in the red, giving up 68bp.  What does this mean Mortgage Rates, how does this translate into consumer rates?  Mortgage Backed securities and consumer rates move...

Mortgage Rates April 29, 2009 – FED Minutes (Video)

The Federal Reserve adjourned from its two-day meeting this afternoon.  It’s one of 8 scheduled meetings each year for the Federal Open Market Committee. Although the FED announced to keep the FED Funds target unchanged, MBS gave up ground with the 30 YR FNMA 4.0% pulling back 22bp.  Mortgage Rates...