With little economic data, it was a relatively quiet week for mortgage rates. The biggest economic news was a surprise warning from a major rating agency that it may downgrade US debt, but investors viewed this as positive for bonds. As a result, mortgage rates ended the week a little lower. On Monday, S&P unexpectedly […]

On target inflation data and strong demand for the longer-term Treasury auctions were favorable for mortgage rates this week. The other major economic reports contained few surprises. As a result, mortgage rates ended the week lower. In recent weeks, the primary influence for mortgage rates has shifted from global events in Japan and the Middle […]

Blue Water Mortgage would like to invite you to a very important course we are offering on Tuesday, April 19th, at One Liberty Lane in Hampton. This 3-credit accredited course on 1031 exchanges will be given by John Hamrick of Edmond & Wheller. John is an approved section 1031 trainer and an experienced speaker. I […]