Our previous commentary spoke about the importance of inflation with regard to the future of interest rates. We follow with a discussion regarding the threat of inflation. First, we must understand that all sectors of the economy do
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.13 percent.
“After moving up for seven consecutive weeks, mortgage rates have
The pandemic has upended the
Former Federal Bureau of Investigation (FBI) official James Heslep, 52, of Gainesville, Virginia, was sentenced to 39 months in federal
Former Federal Bureau of Investigation (FBI) official James Heslep, 52, of Gainesville, Virginia, was sentenced to 39 months in federal prison followed by three years of supervised
The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) increased in March by 5.2 points to 81.7. Four of the HPSI’s six
Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates (K Certificates), which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate (SOFR). The
Americans are faced with a lot of options when it comes to investing their money. These options include savings accounts, mutual funds, stocks, bonds, precious metals and more. With all these options, a study by BankRate.com shows that
Inflation, inflation, inflation. This year, rates have been headed up and we keep hearing this word being uttered again and again. Rates have been rising because there is an elevated threat of inflation. The question is – why
Christopher Grooms, 41, Savannah, Georgia pled guilty to an Information charging him with a scheme to enrich himself by repeatedly borrowing money against the same pieces of property will go to prison for fraud.
As described in court documents and testimony,
