Mortgage markets improved last week as the Federal Reserve provided new market stimulus and the Eurozone continued to grapple with Greek's sovereign debt issues.
Conforming mortgage rates fell in Virginia last week overall, dropping for the second straight week.
For rate shoppers, the best day on whic...
Mortgage guidelines appear to be tightening with the nation's largest banks.
In its quarterly survey to senior loan officers nationwide, the Federal Reserve uncovered that a small, but growing, portion of its member banks is making mortgage approvals more scarce for "prime" borrowers.
A prim...
Mortgage markets were especially volatile last week, taking rate shoppers in Virginia on a roller-coaster ride. The week's news schedule was full. It included debt ceiling debates, jobs figures, and ongoing maneuverings within the Eurozone. Each story a material impact on mortgage rates and, as...(1)
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