Mortgage Blog

In today's news, consumer confidence is higher (no idea were that information came from) which totally baffles me. New home sales were up 530k units from June higher by market predications of 503k. Durable goods are up. The dollar is improving and oil is down today.

The biggest news is the Housing and Economic Act which is going to change the landscape of business for a lot of us. Check out  my blog from Thursday July 24th for more infomation.

Locking in an interest rate is my recommendation for the week.