Dollars and Homes - Mortgage and interest rate news, data and analysis

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Mortgage and Lending - PrimeLending - NMLS 135370
Daily mortgage market and interest rate commentary, news, data and analysis by Bruce Brown, Branch Manager and Senior Loan Officer with Prime Lending in Kansas City.



Looking Back And Looking Ahead : November 10, 2008   Mortgage rates fell last week, marking just the second time since September that rates improved on a weekly basis. The biggest news of the week was the U.S. Presidential Election.  Markets appeared to cheer the Republican-to-Democrat transfer o...
Weak Employment Data May Boost The Affordability Of Homes   On the first Friday of every month, the Bureau of Labor Statistics releases its Non-Farm Payrolls report.  More commonly, it's called the "jobs report" and the October's data is trending with the rest of 2008. After shedding another 240,...
As LIBOR Falls, Homeowners With Adjusting ARMs Get Lower Rates   The interest rate against which adjustable-rate mortgages change is falling -- evidence that the global banking system is starting to stabilize. On any adjustable-rate mortgage, the initial "starter rate" remains fixed for some peri...
The Federal Reserve confirmed what most of us already knew -- getting qualified for a "prime mortgage" is increasingly more difficult. In a quarterly survey of 84 banks, 75 percent of respondent banks tightened mortgage guidelines over the last 3 months for the most qualified of home loan applica...

Bruce Brown

Branch Manager/Senior Loan Officer/CMPS
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