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Archive for February, 2017

How Dodd-Frank Creates Low Mortgage Rates

How Dodd-Frank Creates Low Mortgage Rates

An amazing thing happened in Washington during the past week, something that positively impacts mortgage rates. A new report shows that the Dodd-Frank Act, a piece of 2010 legislation which the President and much of the Congress have vowed to emasculate if not completely overturn, actually works. The purpose of Dodd-Frank is to prevent another […]

Posted in: News
Flailing Money Markets Power Today’s Real Estate Prices

Flailing Money Markets Power Today’s Real Estate Prices

If you’ve looked at mortgage rates recently you might have noticed something interesting, money markets worldwide are making real estate financing costs lower than they were at the end of 2016. Not very much lower, but lower. As far as anybody knows the Federal Reserve is still poised to raise bank rates higher at several […]

Posted in: News