We’ve retraced the highest mortgage rates since April 2010. According to Freddie Mac, last week saw the largest single week increase in more than a year. Last Thursday’s PMMS report showed rates higher by .24% and a national average of 5.05%.
Continue Reading →Mortgage rates rose for the fifth straight week last week. It’s been a volatile stretch that has seen incredible swings in mortgage rates day to day as the U.S. economy keeps showing signs of strength and recovery.
Continue Reading →In last week’s interest rate predictions, we discussed that a holiday trading week could be a momentum-driven week. It was.
Continue Reading →Mortgage rates are up slightly this morning after Retail Sales beat expectations.
Continue Reading →Mortgage rates could very well dip a little bit lower. On the other hand, they are so overbought that any positive momentum in the market could spark a major sell off.
Continue Reading →Loan rates improved slightly last week. In this week’s mortgage rate predictions we’re looking at a full calendar of economic data.
Continue Reading →First time home buyer loans dodged a bullet last week. Rates jumped in that last week of March and the concern was that they could push higher.
Continue Reading →The Consumer Leasing Act is federal legislation that mandates how leasing costs and terms are disclosed to consumers. The Consumer Leasing Act was put into effect with a 1976 amendment to the Truth in Lending Act (TILA).
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