Mortgage Rates Inch Downward
Wednesday, May 2nd, 2007To use the word "drift" in conjunction with the mortgage market the past week would be suggesting too much energy in mortgage rates and in the market.
..."Recent economic data releases showing weaker existing home sales in March, coupled with lower consumer confidence in April, caused the market to pause and reevaluate the potential growth of the economy this year," said Frank Nothaft, Freddie Mac vice president and chief economist. "This allowed all mortgage rates..." Read More Now






