Archives: August 2011


Debt Ceiling reduces mortgage rates

Written by Robert Fetten of  DE | Capital Mortgage Due to the debt ceiling debate and the general lack of economic growth for the second quarter of 2011, the mortgage rates have decreased 50 basis points in the past 3 weeks. This equates to .5% reduction in 30 year mortgage pricing for new home buyers […]


Summertime-when the living is easy…

Central Park’s Beautiful Boat Pond   Who said that summertime was only about going to the beach, swimming and having fun? Not me. This summer however has been all about the debt ceiling and how to extend it before our credit rating goes to hell. Well, it looks like we may have gotten past the initial […]