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Foreclosure Crisis + Higher Rates = Fewer Mortgage Applications

by | Oct 21, 2010 | Towing

The Mortgage Bankers Association said they tumbled 10.5% last week, the biggest fall-off in four months. While the foreclosure crisis may be playing a role in the decline, rising interest rates are also partly to blame.
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Stocking Up: U.S. Interest Rates Rise Alongside Investor Confidence

by | Sep 10, 2010 | Towing

In a welcome sign of investor confidence in an economic recovery, U.S. interest rates grew for the third day in a row as people moved funds from bonds to stocks. But will higher interest rates slow the housing market?
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