Holiday Schedule: July 4th
06/30/2008
Bryant Surety Bonds will be closed on Thursday, July 3rd for Independence Day Weekend; we will return on Monday, July 5th. We hope you all have a safe and pleasant holiday. While we are closed, please explore our website for information on surety bonds, and when you are ready, use our free online application. We look forward [...]
Mortgage Apps drop to over 6 year low?.Rates also Fall
06/25/2008
Mortgage applications for the week ended June 20 dropped 9.3%, the lowest since December 28, 2001.
Borrowing for a 30 year fixed-rate mortgage averaged 6.39% in last week, down 0.18 percentage points from the previous week, this is also below the average 6.60% of a year ago.
An appeal bond is needed when appealing a judgment to a higher court. A party whom a judgment has been rendered against files this bond with a court. This surety bond guarantees the execution of the fiduciaries' duties (sometimes with interest) should the appeal fail.
Appeal bonds always require 100% collateral; this requirement is industry wide and is not expected to change in the foreseeable future. Because of this requirement for collateral there are no special markets.
