First Time Home Buyers
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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 →Mortgage rates rose for their third consecutive week last week. The U.S. dollar weakened. This is, by definition, inflationary.
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 →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 →Interest rates had an interesting week last week.
They were absolutely crushed by almost 0.25% on Friday, yet mortgage rates improved on the week and traced all-time lows on Thursday afternoon.
Continue Reading →Mortgage rates improved last week as the mortgage bond market improved by yet another 41 basis points. This marked five weeks of improved interest rates on FHA and conventional loans.
Continue Reading →Mortgage rates improved marginally last week in a short week devoid of any real economic reports. We’re now seeing both conventional and FHA mortgage rates on a 4-week rally.
Continue Reading →There almost zero expectation that the Fed will change the Fed Funds Rate tomorrow when the meeting adjourns, but that does not mean that we’re forecasting mortgage rates to remain unchanged.
Continue Reading →Here’s a quick inflation calculator powered by the U.S. Bureau of Labor Statistics.
Continue Reading →Mortgage rates improved yesterday after the release of the Fed’s March 16, 2010 meeting minutes.
This is good news. Rates could have just as easily, actually more easily, jumped higher.
The minutes are a detailed recap of the internal debates at the last meeting. How thorough? Thorough enough that [...]
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