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Newsfeed: U.S Mortgage Rates Surge After a Steady 3-Weeks

Newsfeed: U.S Mortgage Rates Surge After a Steady 3-Weeks

Mortgage rates were on the move in the 2nd week of February, after barely shifting for 3 consecutive weeks. In the week ending 10th February, 30-year fixed rates jumped by 14 basis points to 3.69%. 30-year fixed rates had remained unchanged at 3.55% in the week prior. As a result, 30-year fixed rates held above the 3% mark for a 13th consecutive week.

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Don’t Be So Negative! Just Change Your Perspective

If you’re left brained (logical), we probably already lost you at the headline.  But this isn’t a blog on positive thinking (not that we have anything against that).  We’re talking about negative equity and how it gets measured.  More importantly, where are the opportunities? Just before Thanksgiving, the Wall Street Journal ran a headline that

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