
Cheapest mortgage interest rates
ERATE employee warned families about Toxic Mortgages years before the mortgage meltdown. Bloomberg/Businessweek
Too bad Fed Chairman, Alan Greenspan didn't sound the alarm about such mortgages. He should have consulted with Keith.
Trick or Treat? Halloween is almost here and it tends to bring out the kid in all of us, to a certain extent. Even if we don't actively participate in the costumes, candy, or cavalry we celebrate those that do.
Similarly, people are now celebrating low historical mortgage interest rates today by doing that refinance or making that dreamed of home purchase. Is it trick or treat? No, it is most definitely real! Folks we are at historical lows in mortgage interest rates and that's a treat. The trick is that you must be prepared to take advantage of them. This is why you need to know your 4-C's: Credit, Capacity, Collateral, and Capital and be vigilant about your personal financial affairs.