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Rates Inch Up
This week saw rates inch up a little on the rumor, then some words from Fed Chairman Janet Yellen indicating the US economy may be firming up enough to withstand an increase of the Fed Funds rate. So what news backed this up? The first big news was that New Homes...
A Couple Was Able to Stay in Their Home
When one bank says no another says yes. This week we had the very bad news that if one of our investors pulls credit after we pull credit, they are the only ones. And because of this, our client’s credit score went from qualifying at 724 mid score to no longer...
No Big Changes
Another quiet week in the markets, typical for late summer. What could have moved the markets and didn’t were the Consumer Price Index , which was unchanged, and housing starts were up 0.5%, building permits unchanged. So flat, flat, flat. The next day the data for...