GDP

Economy

Are we Moving Further and Further from those 4.5% Mortgage Rates we’ve Been Hearing About?

by Steve Heideman | February 2, 2009

Consumer confidence reached an all-time low and 100,000 Americans were issued layoff notices last week, each playing a role in the mortgage market’s relative worsening. For the third consecutive week, mortgage rates rose and average loan fees increased, too. Amid all of the negative economic news, however, there were two bright spots worth identifying and [...]

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