Fixed and ARM rates open this week down about .125% this week, but the rest of the week isn’t likely to trend downward. Fed Chairman Ben Bernanke gives his semiannual testimony on the economy before the House Financial Services Committee on Wednesday and the Senate Banking Committee on Thursday – and he’ll have fresh inflation [...]
The Basis Point is a mortgage and housing blog for consumers. It's run by Julian Hebron, a mortgage banker in San Francisco serving retail borrowers, realtors, developers, and financial advisors. More...
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