This week is starting off slow with little economic data being released. Two major data releases may impact mortgage rates this week with Beige Book data (relied upon by Fed during their meetings) being released on Wednesday and Retail Sales being released on Thursday. Some Fed members are speaking as well and the market is [...]

Earlier this week, President Obama met with homeowners in Las Vegas and announced new HARP changes that will help “underwater” borrowers refinance their mortgages at the more competitive rates that are available today. The FHFA (Federal Housing Finance Authority) announced these changes as well and have also provided a list of FAQ’s at the end of their press release [...]