As financial markets froze this very week in 2007, the real-time media market was catching fire. So instead of summarizing it all with a 140 character Tweet, below we offer some broader perspective by bringing everyone’s favorite obsessions together: mortgage rates, Twitter, and iPhones. Stat-filled timeline and rate chart are included. Home prices started falling [...]

By now, you all know that the lending market turned on a dime last week, causing rates and approval guidelines on Jumbo loans (above $417k) to tighten considerably. Rates on Conforming loans (up to $417k) are down, but since our market is mostly jumbo, below is a one paragraph summary of what’s going on – [...]