Currently viewing the tag: "Consumer Price Index"

Mortgage Rate Update for February

On February 17, 2011 By

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

Retail Sales Beat Expectations

On October 15, 2010 By

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

Consumer Leasing Act

On September 23, 2008 By

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).

Continue Reading