Phil Nash's (philnash) Blog

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Real Estate Agent - Coldwell Banker Brown Realtors
RECENT BLOG POSTS
Home affordability improved again Wednesday after the government reported worse-than-expected results for April's Retail Sales. Mortgage rates edged lower for the third consecutive day. The impetus for the rate rally this week may be a long-awaited stock market correction.  After touching mu...
05/14/2009
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05/14/2009
Monday, Sept. 22, 2008 Mortgage rates are Up this morning.ADVICE:  Lock for short term closingsMarket looks like we have about a week of higher rates.  The question for long term locks... if you don't lock, will rates return to current prices before time to close?       FNMA 30Yr Mortgage Ba...
09/22/2008
Chances are your mortgage interest rate is tied to the Libor. That means that virtually everyone you know also has a mortgage tied to the Libor. When the Libor rate increases...so will your payments on your adjustable rate mortgage. The biggest jump in the London interbank (Libor) lending rate in...
09/20/2008
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