Currently viewing the tag: "Inflation"

Interest Rate Predictions | Week of March 28, 2011

On March 28, 2011 By

What an interesting couple of weeks.  After a massive rally just two weeks ago accounting for a 109 basis point (1.09 discount points), last week saw a sell-off of 97 (.97 discount points).

everywhere and [...]

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All-Time Higher For Cost of Living

On February 23, 2011 By

Since the beginning of November and the Fed’s QE2 policy announcement, mortgage rates have shot up 0.875%. To put it in perspective, that change in rates pushed down home buyer purchasing power by more than 10%.

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Interest Rate Predictions | Week of February 22, 2011

On February 22, 2011 By

Mortgage rates recovered slightly last week following the week prior–the worst 1-week loss for the mortgage bond market in quite some time.

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Fed Minutes Point Towards Higher Rates

On February 18, 2011 By

The Federal Reserve released its most recent meeting minutes Wednesday. Fed Minutes are the unabridged version of the succinct, more well-known “Fed Statement” that’s released immediately post-adjournment.

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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%.

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Interest Rate Predictions | Week of February 7, 2011

On February 7, 2011 By

Mortgage rates rose for the 4th time in 5 weeks last week, extending a losing streak which dates back 4 months. This week, they should do the same.

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Mortgage Rates Improving On Payrolls Report

On January 7, 2011 By

If you’re looking to dial in your mortgage rate predictions, tune your crystal ball to the jobs report, not the unemployment rate.

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Mortgage Rates Unchanged…Then Very Changed

On January 5, 2011 By

If unemployment moves lower, it is usually will mean that home values and mortgage rates move higher. If that’s the case, home affordability figures should drop from these unprecedented levels.

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Interest Rate Predictions | Week of January 3, 2011

On January 3, 2011 By

A growing economy has higher mortgage rates. An argument against the economy actually growing is that inflation and other costs will cripple our growth. Inflation also pushes mortgage rates higher.

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What's Ahead For Mortgage Rates This Week : December 20, 2010

On December 20, 2010 By

Mortgage markets worsened again last week as belief in a U.S. recovery and concerns for took hold on Wall Street.  Conforming rose in Illinois for the 6th straight week.

According to Freddie Mac’s weekly [...]

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