The number of single-family Housing Starts rebounded in August, climbing 4 percent from July’s 14-month low.
Continue Reading →Fed talks, we listen. Why mortgage rates rallied yesterday and where are they heading?
Continue Reading →Today, in its 7th meeting of the year, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged.
Continue Reading →Mortgage rates, on the other hand, will likely change today. Perhaps dramatically. Home mortgage rates don’t tend to vary based on what the Fed does, but rather what the Fed says.
Continue Reading →If you’re actively shopping for a mortgage, it may be prudent to lock your rate ahead of the Fed’s announcement today.
Continue Reading →Should the market develop any conviction, it is certainly more likely that mortgage rates would jump significantly rather than go down substantially. In handicapping these rates, there is just so much risk of interest rates moving higher and yet not much room for them to move lower.
Continue Reading →Mortgage markets were highly volatile, yet relatively unchanged last week in back-and-forth trading on Wall Street.
Continue Reading →There is a connection between mortgage rates, inflation, home values and rents. They all tend to move in the same direction. They also tend to follow the economic growth, or contraction, of the U.S.
Continue Reading →Is it better to rent a home, or to buy one? The answer may not be as clear-cut as you think. In this balanced, 3-minute joint interview from NBC’s The Today Show, you’ll hear the case for both sides.
Continue Reading →Despite foreclosure filings surpassing 300,000 for the 18th straight month, RealtyTrac’s monthly foreclosure report shows some bright spots for housing.
Continue Reading →First Time Home Buyers
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