Weekly Mortgage Watch

Weekly Mortgage WatchLast week saw mortgage rates step upward with 30-year conforming rates rising over the 5% mark. The small bit of economic news last week continued to point to a slowly improving economy.  Part of the increase in rates may have been from the reminder that the housing finance industry will be changing in the future.  The proposals that came out from the Treasury Department last week reveal a bias toward less government involvement and backing.  Congress now begins working on this issue.  Click below for the rest of the article:

http://ftemerson.wordpress.com/2011/02/14/weekly-mortgage-watch-23/

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