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What exactly is a “flight to safety”?


What exactly is a “flight to safety”?

The current crisis in the Ukraine, which has been called the “worst crisis in Europe in the 21st century”, is having many far reaching effects, one of which is actually helping the US mortgage rate market. The unrest has actually …

Market Update Dec 2 2013


Market Update Dec 2 2013

Last week fixed rates moved up in light of fairly strong economic reports, including another drop in first-time claims for unemployment. Freddie Mac announced that for the week ending November 27, 30-year fixed rates increased to 4.29% from 4.22% the …