30-year mortgage rate falls to record 3.795 – Chicago Sun-Times

May 17th, 2012

The steady decline has made home-buying and refinancing more affordable than ever for those who can qualify. Mortgage buyer Freddie Mac says the rate on the 30-year loan dipped to 3.79 percent. That’s down from 3.83 percent last week and the …

Original post by Chicago Sun-Times

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Student Loans And How They Will Affect Your Credit – Yahoo Finance

May 17th, 2012

This not only affects whether they will lend you money or finance your home, car or other items, but it could also determine whether you are able to get loans and financing at competitively low rates. If you have a low credit score, you may not …
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Original post by Yahoo Finance

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Gundlach On Mortgages, Models, And "AAPL-To-NatGas" Monster Legs

May 17th, 2012

Jeff Gundlach discussed mortgages, models, math, and moronic delusion with Tom Keene on Bloomberg TV this morning. Starting with why Europe matters to US Treasury and mortgage markets, the DoubleLine boss goes to address whether banks/hedge-funds have become too math-centric. "I don't believe in models" is how Gundlach begins his diatribe on the over-confidence in math and empirical …

Original post by Oregonian

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