Mortgage Wrap Up for the Week Ending July 27, 2012
We began the week with mortgage rates at hear historic lows, continuing the trend we’ve seen for months where rates always seem to be at historic lows or making new historic lows. The middle of the...
View ArticleMortgage Outlook for the Week of July 30, 2012
Last week saw mortgage rates maintain near historic lows through Wednesday. Thursday and Friday were quite a different story when mortgage rates moved upward and dramatically rose on Friday afternoon...
View ArticleMortgage Rate Update for the Week Ending August 3, 2012
Today saw mortgage rates move higher after better than expected employment data was released by the Bureau of Labor Statistics. Their data shows that 163,000 jobs were added last month, the highest...
View ArticleMortgage Rate Update for the Week ending August 10, 2012
Mortgage Rates Recover After Gains of Past Weeks After an upward move over the past two to three weeks, mortgage rates recovered a little ground today (a trend that started yesterday), ending in line...
View ArticleMortgage Outlook for the Week Beginning August 13, 2012
The past two to three weeks have seen mortgage rates rise, with a slight stall and recovery where mortgage rates regained a little ground last Thursday and Friday. Mortgage rates have begun to climb as...
View ArticleAdjustable Rate vs Fixed Rate Mortgage Basics
Adjustable Rate Mortgage Basics: ARM or Fixed Rate? With an adjustable rate mortgage (ARM) you pay a fixed rate of interest on your mortgage for a specified period, after which the rate adjusts until...
View ArticleEnd of Week Mortgage Wrap Up: August 17, 2012
Mortgage rates got some relief today, improving slightly after spending most of the week rising, mirroring activity we saw last week. Today marked the most mild day the bond markets have seen in weeks....
View ArticleMortgage Wrap Up for the Week Ending September 7, 2012
Mortgage rates have fallen consecutively over the past two weeks. Today saw disappointing employment data released that further pushed mortgage rates closer to all time historic lows. While the...
View ArticleHow Mortgage Rates Are Affected by Mortgage Backed Securities
Mortgage rates are affected by mortgage backed securities, usually when the money supply significantly increases or reduces. It is important to distinguish between mortgage rates and the Federal...
View ArticleEmployment Data and Mortgage Rates: The Connection Between Them
Employment data and mortgage rates are intimately connected. This is partially because the Federal Reserve must maintain conditions that favor as high a level of employment as possible but must also...
View Article
More Pages to Explore .....